Click Holdings Ltd.
Analysis for Ticker: CLIK
Click Holdings Limited is an empty British Virgin Islands shell company that pretends to be a staffing business in Hong Kong by renting out temporary nurses and warehouse workers. The mathematical disaster is that for every dollar of revenue they generate, they lose money because their costs are too high and their profit margins have been sliced in half. This business is like a bucket with a giant hole in the bottom; it requires a constant stream of new cash from public investors just to fund the payroll of its temporary workers before clients ever pay their bills. While regular people put their money in, the insiders have been caught moving hundreds of thousands of dollars to their own pockets and printing millions of new shares to pay for their own legal fees as they prepare to leave.