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if you know the past few years, the founder of CKI had formed a few companies, and all these companies also use raised fund or crowdfunding to get fund. and not doing well, and to polish CKI b4 it go public, all the cost push to these companies (especially HR ) so that only can get IPO(with nice P&L )...then u know why most institutional investors not interest on this counter.....
all those marketing, sales, and heavy weight labours goes to other companies ( Mxvxn, SxbPxxce, LocKxn, Dxgxx bxbx ) ( use other people money ) but still helping the jobs of CKI ( free CEO, COO, CMO cost ) ( i seen it personally and have insiders info ) , i pity those angels that subscribes the shares on MyStxrtxr crowdfunding platform....
Lately these 2 years punya listed companies more n less also same, look deeper all these new IPO company business industries so much different brands coming in, cake just that big, surely can’t make more like before. How did they can meet IPO requirements? Got someone behind approach them and taught them play the game. Just create more n more third party company (control by them and shown unrelated party) help to boost sales $ profit. Once slaughtered all retailers, very soon u can see qr in sudden drop like waterfall which doesn’t make any sense.