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i-nexus Global – argues moves for “working capital” & to ‘align’ management interests. Er!...

By Steve Moore | Monday 19 October 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on self-styled “a leading provider of cloud-based Strategy Execution software solutions designed for the Global 5000”, i-nexus Global (INX), last month I noted it stating it “now operating at monthly P&L break-even”, but questioned sustainable? and noted the overall balance sheet. Now “Proposed issue of £1.325 million of Fixed Rate Unsecured Convertible Redeemable Loan Notes”…

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