Mar. 30 at 10:25 PM
$AGAE Notes for the future.
Despite holding
$1.49 in assets per share, management has failed to build market trust. Instead of launching new products, they are just shuffling papers... buying a school, litigating, and moving cash into crypto. This is a preservation strategy, not a growth one. Even winning the lawsuit against Chan won't move the needle if they just continue to "sit on the cash."
The next 30 days are a final exam. Letting the stock slip to the OTC would be the ultimate proof of incompetence.
The Smart Move: Deploy a portion of the
$38M investment pool for a Buyback. This would show teeth to shortsellers and respect for shareholders.
The "Incompetent" Move: Do nothing and watch the price drift toward
$0.20, pinning all hopes on a Japanese school that has yet to deliver.
Management must stop playing defense and start creating value, or the market will continue to price them as a failing shell.
