The true answer is no one knows.
The reason those promoting this stock have attacked 99% of other penny stock promotions is because 99% of other penny stock promotions work like this:
Highly advanced traders, their groups, or promoters buy into a stock very early for huge amounts of shares. They then promote the stock to the death. Promising $1, 1000% gains, new contracts, reverse mergers, etc. the goal is to draw in new investors to drive up the SP, so the early investors can sell at major profits to the amateurs. They will continue promoting the stock as they sell their positions because they need new money to buy their profit. Unfortunately for new investors, the SP eventually crumbles because the promoters all sold and only the new investors are holding shares.
The bashers and shorts benefit off the irrational promotions by taking postions against massive runs like this.
ELED did better than most already. There was easy opportunity for most that bought in to get 1000% gains and I am one of them. ELED really did better than 99% of OTC stocks. It could still run. It might crash. I honestly don't know. I am holding a small position in case this really does run but I made sure to take my profits if this fits the 99% OTC stock scheme.
AI
