I agree. This has been going viral on WeChat (Chinese facebook), telling people to buy now, and I know of some people who were influenced by these messages.
Did they really create a multi - billion dollar technology just like that? Maybe, only time will tell. I wouldn't put my money on it though.
Given the risks and unknowns associated with this -buying now you would have to expect that its worth a whole lot more than $1 billion to get an adequate return from here.
This bears all of the hallmarks of a pump and dump.
Sorry if thats not what you wanted to hear
1.138B MCAP? I don't think so, page-108
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17.5¢ |
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Mkt cap ! $347.7M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 789967 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1715634 | 53 |
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