SeanieMac International Ltd (OTCMKTS:BETS) Finishes The Week Poorly

[[tagnumber 0]] [[tagnumber 1]] [[tagnumber 2]][[tagnumber 3]]The stock of SeanieMac International Ltd (OTCMKTS:BETS) hasn‘t been doing all that well lately. The last time we wrote about it was back in the end of last month when it got severely corrected after a decent climb pushed it to $0.0025 per share.[[tagnumber 1]] [[tagnumber 2]]The ticker dropped to the edge of triple–zero land and even managed to close one session priced at $0.0009. This is not very surprising when you take the poor financial performance that [[tagnumber 6]]BETS[[tagnumber 7]] has shown us over the years. To illustrate it we can take a quick look at the numbers of prime interest contained in the recently filed annual report for 2015.[[tagnumber 1]] [[tagnumber 2]] [[tagnumber 1]] [[tagnumber 11]] [[tagnumber 12]]cash: $959[[tagnumber 13]] [[tagnumber 12]]total assets: $2,655[[tagnumber 13]] [[tagnumber 12]]current liabilities: $8,014,240[[tagnumber 13]] [[tagnumber 12]]annual net revenues: $32,182[[tagnumber 13]] [[tagnumber 12]]annual net loss: $3,734,598[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 2]] [[tagnumber 1]] [[tagnumber 2]]These numbers look quite terrible even by OTC standards and even the small market cap of [[tagnumber 6]]BETS[[tagnumber 7]] doesn‘t make the situation look any better. These are just some of the reasons for which the company stock had a pretty terrible ending of last week, despite the optimistic press releases coming from headquarters.[[tagnumber 1]] [[tagnumber 2]] [[tagnumber 1]] [[tagnumber 2]]After losing 23.53% of its value in Thursday we saw [[tagnumber 6]]BETS[[tagnumber 7]] drop a further 15.38% in value and finished the week with a price of $0.0011. The last session before the weekend saw a total of 107 thousand shares change their hands, which generated $120 thousand in daily dollar volume.[[tagnumber 1]] [[tagnumber 2]] [[tagnumber 1]] [[tagnumber 2]]Considering the fact that [[tagnumber 6]]BETS[[tagnumber 7]] kept dropping, despite the PR it is hard to predict where it will go from here on. One thing is for certain though – you should be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 1]] [[tagnumber 0]] [[tagnumber 1]]