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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I have been following Eye Carrot since last six months. It got my eyes after Fabrice Taylor recommended it on BNN as a buy at around $0.27. Stock is now trading at $0.02, below it's net book value of $0.04. According to last financials, company has good cash but recent year end financials got delayed, i think, due to law suit going on between CEO not paying salary to ex CFO. Company is doing a lot of promotions of technology, but I am not sure about POs/potential revenue. I am looking to trade this super risky share since it is trading below Net Book Value, but I am concerned about bankruptcy and year end financials. What are your thoughts about it?
Read Answer Asked by Rahil on July 03, 2019