Value_Investor
2 days ago
WARNING to all! This Pos Scam has -$6,435,585 Huge NEGATIVE Net Asset or Shareholder's Equity Value which can easily force the company to file the CH7 BANKRUPTCY in the coming days/weeks...
Why a Very Negative Financial Balance Sheet and Huge NEGATIVE Book Value (-$0.0014 per share) ENDLESS Super-Heavy Rapid Diluting fraud Printing-Machine could be traded at such Ridiculous-High price levels (0.0002 ~ 0.0015) during the past whole year? Super Risky to buy CGAC shares at any price above 0.0001 due to its Pending BANKRUPTCY!
CGAC (at the Highly-Inflated price levels 0.0004 x 0.0005 now) is Much-Much-Much More EXPENSIVE than its Much-Much-Much BETTER Financial Balance Sheet and Red-Hot Bitcoin-Mining business peer (at mere Basement 0.0001 x 0.0002 now)! Note, CGAC has 10B shares Huge AS and 5B shares High OS v.s. the peer only has 4B shares Low AS and 3B shares Low OS!
So, CGAC is currently Super Overvalued v.s. its Red-Hot Bitcoin-Mining peer is Super Undervalued now!
Also, CGAC is at Hyper Overbought status (from 0.0002 to most recent high 0.0015) v.s. its Red-Hot Bitcoin-Mining peer is at Hyper Oversold status (from its recent high 0.06 to 0.0001)!
The recent high of CGAC was 0.0055 v.s. the recent high of its peer was 0.06 which is 11 Times of 0.0055!
Note, this Pos Scam (CGAC) ever crashed to 0 x 0.0001 with a 52-week-low 0.000001 v.s. its peer has Much-Much-Much-Higher 52-week-low 0.0001 which is 100 Times of 0.000001!