Tag: Wells Notice

November 18, 2016 BY LeapRate Staff

EZTrader.com has another tough quarter: $3.2 million Q3 loss, Going Concern doubt

LeapRate Exclusive... Another rough quarter at Binary Options brokerage group EZTD Inc (OTCMKTS:EZTD), which seems to somehow keeps raising more money to stay in business. LeapRate has learned from regulatory filings made in the U.S. that EZTD - which operates the EZTrader (at website eztrader.com), Global Option (globaloption.com) and EZinvest (ezinvest.com) binary options brands - sustained a…

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May 20, 2016 BY LeapRate Staff

Tough Q1 at EZTrader.com - $3.3 million loss, SEC Wells Notice, and $600,000 arbitration order

Binary options brokerage EZTD Inc (OTCMKTS:EZTD), parent company of CySEC regulated WGM Services Ltd which operates binary options brands EZtrader.com and EZinvest.com, reported its Q1 results showing a growing net loss and decreasing revenues, despite a large ramp-up in marketing spend. EZTD lost $3.3 million in Q1, a fairly large number given its Revenues in the quarter were…

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