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2023-04-12 09:55 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6
2023-04-12 09:54 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6
2023-04-12 09:52 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6
2023-04-10 10:12 | Report Abuse
EDUSPEC-OR trading at 0.005
Most likely rights issue subscription will be supported by friendly parties, proxies and friendly penny stocks with money from fund raising
2023-04-07 11:22 | Report Abuse
=========================
Number of rights shares issued = 207,773,660 @ 0.20
Money collected by directors smart fund raising exercise = RM41,554,732
=========================
Loyal long term investors that had gone through shares consolidation followed by rights issue, and still holding on to their shares incurring huge paper losses
=======================
Some believe good fundamental company, but price keep going down lower due to management issue ?
Maybe wait for directors to do another fund raising exercise and get the operators to push up the price again
========================
TAYOR
2023-03-29 12:11 | Report Abuse
Weekly chart is still bearish
Next week depends on whether it can rebound strongly by Friday closing
2023-03-29 11:16 | Report Abuse
Another one day monkey show
2023-03-29 09:49 | Report Abuse
CFM got many big taikor not afraid of investigation
2023-03-28 20:31 | Report Abuse
New modus operandi of cindy kate stocks.
Be careful trading and holding loss making 'fake' business penny stocks.
Directors not interested and not capable to generate profits from business.
Directors go for fast easy fund raising via shares issuance to PP, ESOS and RI. Can get much more money than any business operations.
2023-03-28 16:11 | Report Abuse
Probably the controller will bring it down to 0.10 or lower
And start raising fund via shares issuance to selected lucky PP investors and ESOS including directors
With lower penny price, the controller can easily fry the shares to make more profits for all the lucky parties
Current NOSH = 267,581,000 very light
Can issue another 1 -2 BILLION shares
2023-03-28 16:09 | Report Abuse
WE = 1,087,061,194
Maturity 2023-04-22
Strike value 0.0350
Another warrant become garbage
Be careful holding low price penny stock shares and warrants
Stock: [HM]: HARVEST MIRACLE CAPITAL BERHAD
2023-04-12 10:59 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6