SWIS has outstanding fundamentals:
- 85,200,000 Outstanding Shares;
- 49% Held by Insiders;
- 4.5 Price/Sales;
- Raised CA$2,176,977,90 during the last PP.
Another great project in their pipeline is Sekur™ Pro Video Conferencing which could replace unsecured solutions. The technology could be used by executives from big corporations, governments…
A report from Tormont highlights the strong balance sheet. Indeed, in May 2021, GlobeX raised C$2.2 million in a private placement of common stock and warrants, bringing its cash balance to C$4.78 million. GlobeX’s cash, which represents nearly 20% of its stock market capitalization, now equals more than 12 months of its expected C$360,000 peak monthly spending level — C$300,000 on advertising and C$60,000 of operating expenses)
If you had invested in SWIS a year ago, you would have a 233% ROI.