DirectBooking Technology Co., Ltd.

Analysis for Ticker: ZDAI

DirectBooking Technology Co Ltd is a business that hauls dirt and rocks for construction projects in Hong Kong while pretending to build artificial intelligence for hotel bookings. The core financial math is a disaster because the people running the company are printing millions of pieces of paper to pay themselves and their friends while the actual business loses money on every truckload of soil it moves. Think of it like a child who sells lemonade for 1,00$ but spends 2,00$ on the lemons and then gives away most of his lemonade stand to people who did nothing to help him. The most shocking number is that one day after they collected 6$ million from the public, they signed contracts to pay 9,21$ million to consultants they had never mentioned before. The mechanism of this extraction was built carefully starting on 14/04/2022, when the company was born as a shell in the Cayman Islands. Between 07/2022 and 12/2023, the founder, Man Siu Ming, began feeding shares to hidden offshore companies for prices as low as pennies. He transferred blocks of 551.250 shares for as little as 103.000$. After a fake mathematical split in 02/2024 to double the share count to 22,5 million, they finally asked regular people for 6$ million in 07/2024. The very next day, the company agreed to pay those unnamed consultants 9,21$ million. Since the company did not have the cash, they simply printed 2,4 million new shares in 10/2024 to hand them over, making everyone else's shares worth much less.