nearing 6 years the public has been able to trade VGW shares:
i don't think FFG's in the same universe as VGW: based on my analysis of FFG's 4C, the company is close to insolvency with only $1.2M cash left because it's burning $0.5M+ from operations alone each quarter & total net assets are only $0.62M (exactly $621,792 net assets according to Appendix 4E as at 31/12/23):
then i also consider FFG's debt of $6M maxes out the $6M financing facility that's in place, but $2.8M is subsequently owed for the dodgy AIGC acquisition in cash/services; how's that going to be paid, & i think $8M cash repayment due next quarter to convertible note holders, on 27 August 2024.
i think FFG has been committing to spend money it doesn't have, or am i missing something?
regarding Modo.us; it's impressive & the real deal, operating a Sweepstakes social casino model which is (currently still) legal in most US states, but not many other places; it's not legal in Australia for example. comparing Hibur & Modo, is like comparing chalk & cheese. i think Rhys is playing FFG, because what i've seen of Hibur it's a joke so far
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