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  5. KSUM: Can I please have your view of KSUM? [Alset AI Ventures Inc.]
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Q: Can I please have your view of KSUM?
Asked by John on May 07, 2024
5i Research Answer:

We do not know KSUM well, as it was a 2c stock less than a year ago. Even with a 400% one year gain, market cap remains a tiny $28M. It has little cash, no revenue, small losses and negative cash flow. It did recently raise $6M, and signed a contract that should generate $5.5M in revenue. It had a share consolidation last year, and its press releases seem highly promotional, hyping AI as much as it can. This is far too risky for us to endorse.