Scamming company, better stay away Private placements, right...

Scamming company, better stay away

Private placements, rights issue, recently share consolidation, wash and repeat, just keeps taking money from the public that only goes down the drain forever

Year ended 30th June 2022 audited statements, revenue SGD 2.31 million, net loss after taxes SGD 28.6 million

Year ended 30th June 2023 unaudited statements, revenue SGD 1.26 million, net loss after taxes SGD 3 million - audited statements could be even worse

Losses year on year for donkey years already, better don't have any crazy hopes that this will become the next Tesla, Sea or Grab... Losses on losses does not necessary blossom into a multi-billion dollar company

Stay away if not vested... If vested, pray hard everyday, because it'll be unlikely that your prayers will ever be heard... Don't pray even worse, no hopes left...

If you have too much money until you really don't know what to do with it, and if you belongs to the type of person who keeps throwing money out of the window every night, you can invest here

Take care lol