let’s not forget the little casual $405m USD MOU. People think...

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10/02/22

00:54

Post #: 59471114
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Originally posted by HonyakuKonyaku ↑

Number 3: A 30 million dollar purchase order from Hygea Corp is announced with great fanfare. Hygea Corp goes bankrupt shortly afterwards and the purchase order is never heard from again.

Number 2: The ultimate 'the dog ate my homework' excuse. After waiting years for CFDA and then NMPA approval, it was announced that the Chinese Chief Principal Investigator for NMPA passed away unexpectedly and the process had to almost start from scratch again.

And the winner is!!!: GMVD alleges that literally hours before the company was due to IPO for the first time on the NASDAQ at a market cap of around 300 million, a representative from the underwriter tried to use stand-over tactics to extort money from the company and vastly reduce the value of the IPO, leading to the offering being cancelled at the eleventh hour.

Truly surreal stuff - like stepping into a David Lynch movie. I drank the Kool Aid, so only myself to blame.

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let’s not forget the little casual $405m USD MOU. People think the current revenue stream might be massive from recent deals. It’s not like we haven’t had half a billion $ forecast in the past.

do not advertise external links.au/...-shares-ride-higher-after-signing-us405m-deal

or the $65.5m USD MOU

https://www.openbriefing.com/AsxDownload.aspx?pdfUrl=Report/ComNews/20170727/01877290.pdf

Then we’ve had
- MEDTL in Greece/Cyprus (what happened?)

- listing on the HKSE (what happened)

- dilution x infinity (…well, we all know what happened here)

GMV Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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