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Grizzly Research LLC
Initial Report Date(2021/10/04)Share Price:7.800  Listed on PKK
Peak Fintech Group Inc (NASDAQ: TNT; CSE: PKK): Strong Delisting Candidate on Millions Misappropriated
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- Peak Fintech Group, Inc. (NASDAQ: TNT; CSE: PKK) is a Canadian parent to subsidiaries claiming to revolutionize China’s nancial system. - Promotion-driven excitement for PKK’s alleged rampant revenue growth has led a >1,000% rise in its stock during 2021 culminating with a NASDAQ uplisting in early September. - The uplisting has been less than smooth sailing. It took just 11 days for the stock to be halted for ling deciencies and we believe it is destined for delisting. - PKK’s evolution is questionable at best. The company pivoted from failed, wannabe “Find My iPhone” software, to revenue-less IT services, to a fully impaired e-commerce platform before becoming a “hub” for commercial lending in China.
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