Hi guys,
I know you guys think this might be a dog of a stock but I would like to present my case. I am only learning so please critique where possible.
MCAP: 10.6m at 0.001 per share
The volume today showed one order of $172 000 at 0.001, which is almost 2% of total shares (10.1 bn in total) .
Is this a smoke signal? I think so.
FA:
1. $2.45 million cash (25th of June) = Last funding was received by WIN Singapore
[1]($2million) and King Fame
[2] ($500 000) both at $0.0004 per share.
These are both Singaporean countries. WIN singapore is heavily involved in future acquisitions and financial advice.
2. NO DEBT!
3. 50% interest in COTY Guam LLC - essentially an acquisition of 19.83 acres of land in Guam for $AUD of 1.1 million. Significant due to proximity to US military presence which will further increase in years to come.
4. MORE acquisitions: a due diligence of the Australian tourist business with significant potential for further expansion in australia. Another one of interest (not DD) is a retail and wholesale food business in Japan importing and exporting links with Australia. NOTE: both of these are a pre existing business with a POSITIVE cash flow. <-- they will are only planning to acquire these types of businesses.
I think a 10 mill market cap: is reasonable for the land + an expanding tourist business and a retail food business.
If there is continuous churning at this level, I'd say there are leaky investors obviously. No one would put 100k in a damned stock.
It's pretty low risk at this at 0.0001 although you may never sell your shares again. definitely a mid to long term play that may interest you. If these hit 0.0002 by tomorrow, if volume continues at todays levels, I probably would not take a punt. Due to lack of capital, I probably will not buy any myself but I may try for a super small punt of 2k at these levels.
(20min delay)
