DYT INFO PTE. LTD. (10% owner) purchases 701,754 shares of NUZE at $0.57 on 2024-10-14; stock now -94.0% from 52-week high at $0.36.
DYT INFO PTE. LTD., a 10% shareholder, purchased 701,754 shares for $399,999.78 at $0.57 per share, increasing holdings to 1,496,159 shares. The purchase came as the stock has deteriorated sharply: current price of $0.36 represents a -94.0% decline from the 52-week high of $5.98, with a -60.0% drop over 30 days and -68.1% over 90 days. Notably, this represents the insider's second open-market purchase of NUZE; the prior buy on 2024-07-18 at the same price point delivered -75.8% return at the 90-day mark, establishing a pattern of purchasing into downturns without subsequent recovery. The company's fundamentals remain distressed: quarterly revenue stands at $366,888.00, the company reported net income of $-1,440,197.00, and the market cap is only $1,801,861.20 against $-1.4M annual losses, indicating an economically insolvent position where accumulated deficits far exceed asset value and ongoing operations are capital-destructive.