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EdgarHawk

DYT INFO PTE. LTD.

10% Owner

10% Owner
2 filings analyzed · 1 company · Latest 2024-10-16

Companies

Company Buys Sells Direction
NuZee, Inc. CIMG 2 0 Net buying

Activity

October 2024
2024-10-16 NuZee, Inc. CIMG
medium
Buy
701,754 shares
$400,000
Significance 3/10

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.

July 2024
2024-07-23 NuZee, Inc. CIMG
medium
Buy
505,722 shares
$743,411
Significance 4/10

10% owner DYT INFO PTE. LTD. bought 505,722 shares of NUZE at $1.47; stock now at $1.03 (-89.3% from $9.60 high)

DYT INFO PTE. LTD., a 10% shareholder, purchased 505,722 shares at $1.47 on 2024-07-18, increasing holdings by 175.2% from 288,683 to 794,405 shares. The timing presents an unfavorable backdrop: NUZE trades 89.3% below its 52-week high of $9.60 and has declined 36.8% in the 30 days preceding the purchase. The company's fundamentals remain weak, with a net loss of $1,653,931 in its latest quarter against revenue of $605,761, and the stock has continued deteriorating post-purchase, now trading at $1.03—a 29.9% decline from the $1.47 transaction price. While the substantial increase in stake size suggests a material commitment by this major shareholder, the sharp post-purchase decline and company's unprofitable status create a material gap between transaction intent and subsequent market outcome.

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