Since Degama Software Solutions, Inc. (PINK:DGMA) stock plummeted over 90% in August, going from $0.03 a share to the current $0.0011, the company has been issuing tons of press releases.[BANNER]
But this sudden press activity and yesterday’s 133% gain out of nowhere are not the only facts that look fishy here…
- In the latest of the two filings since 2008, there are two different numbers for current authorized shares, which makes one wonder how many shares are really issued.
- the only thing that looks professional on their official website is the video;
- their product website is still ‘under development’;
- we couldn’t find any clue that the ‘app’ on which they spent $700,000 actually exists.
These facts, put next to the numerous press releases probably mean more decimal zeros for longterm investors.
