NIU 0.00% 2.0¢ niuminco group limited

NIU - Fundamentals, page-186

  1. 2,620 Posts.
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    Niuminco has no money, unless they do another raise; and at this point it’s hard enough to raise money let alone having shareholders that in my opinion would be over being left in the dark. So why would they put money in the company? If other sources of income where available wouldn’t Tracey lakes get the funds? He did sign the lease away for $500,000 loan, seems cheap. But Niuminco under the current
    leadership are not doing that well in my opinion, so why would anyone invest in Niuminco?

    qwerty1992 you have been quite lately?
 
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