Yeh it is not a good sign.
I have shares in another stock (EDE) that has lost about 90% of value in the last year and more over a longer period.
In that company two brothers (Solomon's) that have their own law firm are directors on the board and conveniently EDE requires regular legal advice from their law firm while also paying hefty consultancy fees to another company, also owned by the brothers. The conflict of interest and fleecing of te company is rampant but appears to happen without there being a problem.
It seems incomprehensible and I would have thought it was surely illegal but it I guess it must not be.
Yeh it is not a good sign.I have shares in another stock (EDE)...
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