"We are committed to understanding what has been happening to our stock," stated Martin Shen, CEO of FingerMotion. "This action was initiated to reel in any potential unlawful interference with our Company's public market for its stock".
The Company had announced on October 5, 2023 that it retained Mark R. Basile, Esq, and his securities and RICO litigation firm, The Basile Law Firm P.C., to assist the Company in investigating recent activities surrounding the Company's stock performance and to take the necessary legal action to prevent potential market participants utilizing unlawful means from further hurting the Company's shareholders.