I may as well be the first to post on this little “Festerer”
In my eternal search for something which is worth nothing, but may actually be worth something at some point in the future
I came across this little terror. From a quick read, I think it may now be just an empty shell after the US part of the business has been terminated?
As a shell, it has a $7 million market cap with just under $1 million in the bank. So effectively, management has almost a year of funds to find the Company a home.
Basically, its a bit dodgy, but it’s also pretty low risk ….. My kind of Stock!
I have taken a small position for entertainment purposes as it could be interesting to watch.
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