Eratat Lifestyle

[wahkao]

As usual, Mr. Market has totally screwed up by overvaluing Eratat by a wide margin in spite of heaps of warning signs.

nope. it actually undervalued eratat. I think you should get your facts right before posting this remark

You mean Eratat is worth more than last traded price of $0.1?
How did you arrive at such a conclusion?

It is actually undervalued if you exclude fraud. On hindsight, it is obvious that the company is indeed troubled. However, there was no indication of fraud prior to this. Yes, cash balance may be too high and they took on a loan of huge amount. But Apple did exactly the same thing. It is not an absolute answer that it is a fraud.

Exclude fraud out of the picture, Eratat is very undervalued. Except no one can really verify if there is a fraud. It was mere speculation. There wouldn't have been a fraud if it was so easily verified.

yes this is exactly what I had in mind