LU7 4.76% 1.0¢ lithium universe limited

10c Party, page-710

  1. 332 Posts.
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    He sure is. Keeps pumping this stock and when financials don't stack up keeps referring to the directors.
    Some facts under this leadership re financially sensitive announcements
    - 1/9 /2021 Deal with Buriram United 1000+ subscribers in 48hours and income from running platform and share of subscriber revenue. Never been an update since regarding revenue from this source or subscriber numbers. By December were giving away subscriptions
    - 14/10 CR
    - 22/10 partners with Super League Gaming
    - 9/12 Mogul moves to mobile - had issues and work on this has stopped despite resources and time going into this for 4 months
    - 11/3 Kelloggs Tournament Series
    -11/3 Clarification that is not likely to have a material benefit
    - 30/4 Quarterly activities report with only $34K income
    - 12/5 Clarification of quarterly report - now we know that the platform costs were $86K but generated only $34K in revenue. In addition to this, there was another $1 million in operating costs
    But the company boasts that the workers consume 75 cups of coffee a day - wow

    The Directors of companies are not solely working and devoting all their time to one company. Directors of companies have other directorships and other businesses as well. One should check out the other business interests and directorships of all directors. from this you can make your own valued judgement as to whether this company is a primary priority let alone a primary source of income. A company is only as good as the workers on the ground. If they are struggling to find direction or traction, then the company is. After all, directors might meet monthly in best cases and rely on reports from leaders in the business

 
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1.1¢ 1.1¢ 1.0¢ $2.971K 281.5K

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