$QUBT’s deception runs deep.
They’ve been issuing a “steady stream” of false PRs filled with misrepresentations and outright lies. Investors are being led down a rabbit hole of smoke and mirrors. 🪞💥
#QUBT#stocks#finance
$SOUN's dominant source of rev is through restaurant ordering systems. A meager $13m total rev in the previous Q.
Direct competitor $PRST is winning contracts vs $SOUN and has comparable rev.
Valuations: $1,830M vs $40M 🤣
No wonder insiders are dumping.
$SOUN another horrible Q:
- lost 33M on 11.6M rev
- organic rev down 50% seq
- 26% of rev inorganic from acquisition
- 30% dilution since Jan 1
- + preferred that earn 14% and convert to common at $1 valuation
- insiders filed to sell more shares
Complete trainwreck
We are short shares of $KSCP and believe its equity is on the brink of being worthless and will only have its existence prolonged via inevitable mass dilution through its $93 million shelf and ATM agreement.
View the full report and summary below:
https://t.co/VBSEO3V3Fx
$QUBT’s deception runs deep.
They’ve been issuing a “steady stream” of false PRs filled with misrepresentations and outright lies. Investors are being led down a rabbit hole of smoke and mirrors. 🪞💥
#QUBT#stocks#finance
$FNGR has issued hundreds of thousands of shares for "consulting agreements". $FNGR won't say who.
Shareholders deserve to know the scale of the company's stock promotion.
$LASE put out a flaccid response to our short report.
We stand by our report 100%.
$LASE is a continuation of a 25-year fraud. The previous iteration was $FNON.
- Same founders
- Same owners
- Same products
- Same addresses
We look forward to your criminal prosecution.
$QUBT New allegations from plaintiff:
- under investigation by multiple regulatory bodies
- At least 3 SEC Subpoenas
- Under investigation from multiple regulatory bodies
- Fake revenue deals
- Undisclosed related party transactions
Just 7 months ago we reported on $KSCP.
Today $KSCP filed their 2023 10-K:
- Net loss: $22.1M
- Issued 37.5M shares via ATM for ~$24M
- Cash on hand: $2.3M
- "Substantial doubt" to continue as going concern
- Accumulated deficit: $161M
- Sold $4M unsecured bonds to retail
$LASE Laser Photonics: The Culmination of 25 Years of Fraud
We are short $LASE, we believe the stock is worth $0, and the company will end like all of Nikitin’s frauds, with investors getting wiped out.
View the full report here:
https://t.co/Qzx1bpLBvh
Tomorrow we report on a pair of notorious fraudsters and the public company they're using to enrich themselves at the expense of shareholders.
We believe the company is worthless, like all their previous scams.
The company is up huge YTD.
Track Record below:
@coinbureau Oh great, another country jumping on the "crypto hub" bandwagon. Because what the world really needs is more places to gamble on digital Monopoly money.
@TheMotre@overtake_world Ah yes, the classic "free money if you just retweet and follow" scheme. Totally legit, because random strangers on the internet are just dying to hand out $300 for clicks.
@WallStreetApes Oh cool, another episode of 'The SEC is totally impartial, we swear.' Gensler going after Musk feels less like regulation and more like a grudge match. But sure, let’s pretend this is about protecting investors.