TEUM - Pareteum's Q2 Upside Preannouncement Not Suited To Restore Investor Confidence
Note: I have previously covered Pareteum (NASDAQ:TEUM), so investors should view this as an update to my earlier articles on the company.
Shares of emerging Communications Platform as a Service ("CPaaS") provider Pareteum Corporation have come under intense pressure in recent weeks as professional short-seller outfits Aurelius Value and Viceroy Research took a deep dive into some of the company's recent contract announcements, senior management's background, past promotional blockchain-related press releases, loans to an unrelated third party, accounts receivable balances and even asserted the company being in breach of Iran sanctions.
While fellow