SAGTEC GLOBAL Ltd
Analysis for Ticker: SAGT
Sagtec Global Ltd is a company that says it helps restaurants and shops sell things using QR codes and kiosks, but really it is a machine designed to turn your cash into paper for its friends. Right now, while the headlines scream about record 19,1$ million revenue, the true math is a disaster because the company is printing shares faster than it sells software. They just took 7$ million in cash from new investors, but at the same time, they handed out 7,1 million new shares to insiders and consultants for promises instead of money. This is like if you and your friends bought a pizza for 10$, but then the shop owner gave away ten more pizzas to his cousins for free; your slice of that pizza just became tiny and worthless because the owner controls 81% of the votes and you cannot stop him.