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You figure even with all 3.5 billion shares in the open market, with IP news this should easily be valued at .03 to .05 range if you look at what other companies are valued at in the same sector.
Honestly it could happen this week with the anticipation of a final IR court case ruling coming within the next couple of weeks. This stock was best up bad this past week and has tested support in high .005s the past couple of days. The fact that this stock was capable of reaching .012 with anticipation of news shows this can easily jump into multi penny land. The dang finance deal is what cut the party short this time. I think people were expecting news of some kind of partnership. Sadly I was too. It might take a little more time before that happens. IP grant news has to coming shortly with it being in the final stage. I think that could definitely peak some partnership interest, hence why I think we run to .03 easily with IP news.
Agreed. One would think there has to be something we're missing.
That's honestly the only reason I'm sticking around. If that doesn't at least get us to the .02 - .03 I'm not sure what will in the short term.
They used the finance deal to their advantage this time. I believe IP grant news is big enough to really push this upwards. Then there will start being speculation talk about partnerships or Bo. It will open the door to huge possibilities and revenue streams.
Man once we get IP grant news this stair stepping chart should be all over. We should make a huge 3-4 day run at that point and be in multi penny land.
Long as we remain in an uptrend I'm still in. This is just beginning of a nice recovery out of the whole IR debacle
Well we should early next week what's going to happen. High .005s low .006 s seem to be huge support. We should court case news coming out in the next couple of weeks. If you look at the overall chart it's gradually stair stepping up. We still have IP grant news anticipation that should happen in the short term. I agree if it breaks into the mid .005 low .005s were in trouble as to me that would indicate a chart downtrend then.
Now that the shorts have covered we gotta be due for a huge bounce coming next week. The recent news is too big to ignore.
I must say I can't wait for this stock to settle in above a penny. I've never seen a stock with such violent swings as this one and where paper gains disappear so quickly. Absolutely crazy how this stock goes from .012 back down to .006 in a matter of a couple of days. No way the financing deal could have that big of impact on the pps. Was there really that much shorting to drop the price down that far. I still think there has to be a little bit of dilution involved by the company.
Very well said.
I think he was being sarcastic. To me, the whole finance deal has been blown out of proportion way too much and this stock seems insanely undervalued at the current pps.
What's your rationale for it? We have bounced off .004 support I don't know how many times. High .005s low .006 a seems to bs the new support. Higher highs lower lows.
Well maybe to .50 or a dollar. I think .03 is very obtainable in the next 6 months or so.
Next week will be telling....we can't have this close below .006 IMO otherwise the upward trend is ruined. We need this bounce back which I think we will with court case news coming.
If this stock doesn't explode after/if we receive the IP grant news then I will officially walk away. Even factoring in all 3.5 billion shares, we have to at the very least be valued at .03 per share.
To drop from .012 down to .0057, there already have to of been a good portion of those shares dropped into the open market especially with that massive amount of volume we had recently. We should get some good news in the coming weeks on the lawsuit. I'm still waiting on the IP grant news. To me that is a game changer. With closing above .006 today, the chart is still showing an upward swing.
Wow what a nasty week. If this is what dilution looks like I'm so ready for it to be over!
Link please.
Haha I knew that was coming. I'll admit you were right with that. Nice stair step action up. The chart is clearly showing an uptrend.
It looks like we are in our next consolidation stage of .006s and .007s until next set of news and next leg up. IMO that will be the IP grant news which should be huge and generate a run much larger than the one we had a few days ago. I agree, a combination of some people not liking the finance deal and possibly a little bit of dilution is what killed the run short. Higher lows and higher highs. Stair step action. I believe the IP grant news should get us in the .03 - .05 range.
Manipulation at its finest.
Haha lol!
I like the looks of the 3 month chart. It's stair stepping up.
Agreed. That's why it's vital we hold at .006 and don't going any lower. The uptrend is still intact. More exciting things to come. I swear one of these times when it runs, it's going to be a huge multi day runner.
That's what I'm thinking. No way the price spikes above a penny and then drops like a rock. No way the price again spikes in the .009s yesterday due to the great news and then drops like a rock. There definitely has to be some dilution involved. Like you said, the good thing is they are getting it out of the way and should lock up the float.
Yea I was looking at worst case scenario time frame. I have to believe we should be receiving IP grant news very soon. To me, that is the game changer which opens up a lot of opportunities internationally. I think that could easily push us in the .03 - .05, possibly more. I don't understand how the price crashed so bad with the news we received yesterday. There has to be some dilution involved I would have to believe. This should be trading in the .02 range right now. The only concern I have is we must not have chance at a partnership right now otherwise we wouldn't have signed that crazy deal yesterday. Something doesn't make sense and I hope we get some clarification shortly.
We are due for a big bounce. I'm still waiting for a multi day run based on the news from yesterday. Once all the shares get locked down into strong hands, we should run to .02 IMO. Also, still waiting for IP grant news. I think people are getting frustrated because a lot of people were thinking this was going to run to .05 overnight. It could be another 6 months before we see that.
Very happy that we held above that line today. It could be the new .004 for us as absolute support. Hard to say at this point. We've tested that support twice within the last couple of days. Very important that holds to keep this upward momentum going after bouncing off the .004 support and starting this upward movement.
Need low .006 support to hold otherwise were in trouble
This is bs. I guess it's consolidation time in the .006s and .007s before next leg up. Either svfc or the firm that gave us the loan has to be dilution. I guess get it out of the way now.
Very well said!
Well something was definitely going on today to suck that price back into the .007s. It was stabilizing in the low .007s before the big pr was released. It was either immediate sell of some of those shares or some dilution by svfc itself. If the price can hang in there and absorb these shares and still maintain a positive looking chart I think we are setup for a huge run in the near future. Especially with release of IP grant news
But I thought that is why they have the board of directors. Doctor does his thing and the board of directors takes care of more of the business aspect.
Can't be that simple - have to be missing something. I'm pretty sure the board of directors that probably have way better expertise at this than us would have advised accordingly if that was the case.
Agreed. The biggest industry IMO is definitely the sports industry. Huge money to be made there. Wait until we get IP grant news as well which should hopefully be very soon. This stock honestly seems so undervalued to me. I think the fair price is at least around .03 - .05 with IP grant acceptance news when you look how other companies in the industry are valued. This stock was definitely heading in the right direction until the whole IR debacle and threatening to liquidate their assets. I think we are are definitely heading in the right direction now its just a matter of time until everything comes to fruition. In addition, I like the looks of the chart. Higher lows and higher highs.
Totally agree. Wait until we get IP grant news....then the real fun should begin. In addition, the Dr. made tweets about going over to China not too long ago. I wonder what that was all about.
I've seen this happen time and time again. After a big PR, the price spikes a little and then sells off. Then a couple of days later is when the real run starts. I believe it happened with $MYCHECK, they released their new system, it went up a little and then fizzled. A few days later it took off like a rocket.
One would think after the whole IR incident, in addition to have an outstanding board of directors with superb credentials, they wouldn't let it happen again.
Idk about the rest of you but I sure enjoyed the fact that the low .006 support held up today even before the news and was able to substain trading in the low .007s. So with the news, something tells me this should be trading well above a penny. In a way, I kind of hope there was some dilution this week causing the price to drop after the spikes. That would mean the shares are getting bought up and less and less available. I'm so tired of hearing about dilution. I believe multiple people on this forum have done a market cap comparison with similar companies in the same industry. Even factoring that all the shares get dumped into the open market, we seem way undervalued.