Just checked back on DOU which is now at $0.086 (down -54.74%...

Just checked back on DOU which is now at $0.086 (down -54.74% past 6 months). In 2020 Douugh stock price went from a staggering $0.011 to $0.49; +4354.54%. I wrote a while ago about the board members and in particular their previous venture ZipTel which rose to a high of $1.45 (144900% actual percentage increase) from 2014-2016, initially before plummeting to $0.018.

Bert Mondello was the CEO of Ziptel and Non-Executive Director of Douugh. Ziptel wasn't Bert Mondello's first failed venture, he also dipped his toes into the hospitality industry taking over Purl Bar which went into administration three years later. So my question is, if Ziptel was a cash grab, with investors been the collateral damage as the board lined their pockets; why were they able to change Ziptel's listing name to Douugh (backdoor listing) and start another company off the back of a seriously failed venture?...