Nigerian Mmobuosi Odogwu Banye a/k/a Dozy Mmobuosi is the CEO of three affiliated U.S. based entities. Tingo Group’s fiscal year 2022 Form 10-K filed in March 2023 reported a cash and
cash equivalent balance of $461.7 million in its subsidiary Tingo Mobile’s Nigerian bank accounts.
Those same Nigerian bank accounts allegedly had a combined balance of less than $50 as of the end of fiscal year 2022.
Nigerian math.
look at the 1 year chart and look what happened to the stock price on 6/6/2023
https://www.google.com/search?q=tingo+stock+price+chart