GEO Investing

The following is a developing story we alerted our premium members to on 8/23/2024 when the target stock in this update was trading at around $4 per share.

Just when I thought I would swear off investing in any U.S. listed China based stock (due to the painful years-long Origin Agritech Limited (NASDAQ:SEED) journey), along comes another one.

Before you say anything, DON’T SHOOT THE MESSENGER.

This company, trading on the NASDAQ, is a Chinese software company with a focus on AI technology, particularly a conversational AI platform. The company has licensed its technology to major telecom firms in China, sports annual revenue of about $59 million and is backed by Chinese conglomerate, Alibaba.

While the target company is losing money and has a debt burden, fortunes could be dramatically changing soon.