Mate you should spend more time having conversations like this and less time trolling. People will be more inclined to engage with you without slinging mud.
You should watch the webinar to get a better idea of what is going on.
A few noteworthy points:
There were only 3 weeks of Kaddy numbers included in the last quarter.
Kaddy were primarily a QLD business and have only just launched nationally.
PMOC expenses included Kaddy transactions (B2B) so the P&L's are going to look a little strange moving forward.
PMOC was also used to expand Partons operations.
They've just secured another 4.8 million in cash so there's a good chance they can make it to break even without another capital raise.
The share price run was driven by Reddit FOMO and hype leading up to the Wine Depot B2B launch. The RSI was overbought for weeks and institutions Momentum traded it to take advantage of the blind FOMO (Broker Data supports this). Calling it a Pump&Dump is a bit simplistic and not fair on the company.
A couple of Capital raises for solid acquisitions later and the share price is what it is. Things have settled back down but macroeconomic factors are hurting us at the moment.
Like you said before, there's a real company here. They've got real assets, real revenue and they're building something big and exciting.
They're not a bunch of Disallowed salesmen digging holes in the desert.
DW8 Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
(20min delay)