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Even though IQST may have potential I have to disagree with two points. 1) Patience it have been in a decline for two years. 2) It is a penny stock not designed for investors it is for flipping.
OTCN just keeps bringing the ask down.
10K hit on the ask and it does not change. Where are all these shares coming from. O/S have not changed in months.
Did they fire Brad? I see Jenny has a much better way of explaining they have no news.
I messaged them about Upstream here is their response.
We are unable to comment at this time. Sometimes companies are unable to comment if there is a legal or compliance reasons they believe continuing with a new platform like Upstream would not be in their best interest or their securities council has advised against it, In either case the company intends to continue to pursue and find a pathway for it for uplisting. Thank you
Would like to get opinions. The current deal for Apollo sits at 48 million shares at 32% off of .20 which is .136 per share. Now the question, If the price sits here until 9/30 do they tell Apollo sorry and burn that bridge or do they amend the deal and give them 32% off the current price and say offer them 100 million shares. Most traders just lose their option and take it with trading.
So why do you think this is sitting here?
16 million market cap on a company doing 105 million in revenue. Got to turn around sometime.
WTH there went all of yesterdays profit plus some.
Nice today all buys
I would be making some phone calls. Are you currently with TD?
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No it is May 26th
8 more days before TD transfers to Schwab. If this shorting theory on penny stocks is true I am curious as to how that will affect the price if TD allows shorting. I am sure shorting if true will have to be covered before transferring to a new broker.
So what are we waiting for next? Q2? They do not seem to update on their adventures. Let's just get an easy one like Upstream. What is the deal with that?
Like playing the lottery. Win some lose some but should never play with money you can not afford to loose.
Such a shame that they are all sales.
Whoever he is he is only selling no buying.
Who the heck is OTCN ?
All that revenue and it sits at a 17mil market cap.
All the way down from 2 bucks peeps said it would never hit a buck,.75, .50 .25, .20, .10 and here it sits going down to the trips if they don't knock the crap off. One good thing is Apollo will never exercise the rest of the option at this price. So their next option is raise the A/S do another public offering hype a run let the current bagholders out and get a whole new batch of them.
Unfortunately it looks to be heading in the wrong direction real fast. Not 1 person is now in the green here. The company needs to do something other than pump revenue. This could have so much potential if everything they say is true and they stop acting like a stinky pinky.Even the simplest thing like Upstream. They stated they had all their ducks in a row it wouldn't take that long and here it sits over 6 months later and nothing. Makes you want to believe everything else is BS also just like a pinky.
Sitting at .001% above the 104 week low, Should reverse if the company puts out anything positive other than revenue numbers. Everyone is in the red right now.
Looks like .11 is the one to break. They are all parked there.
Well there went everybody's profit from Friday.
Thanks for protecting your shareholders. See you at a nickel. Maybe you can do another public offering hype a run get more bagholders wash and repeat.
And spending up 5 million also. The good thing is IOT is up.
Q out 317k loss.
Let's hope not. Just put it out there and get it over with.
Sure it will be after hours and then they still may file an NT.
Trading showing MM's trying to get top dollar before a fall meaning Q is not what peeps want to see.
Another gap down this morning. Really wish that myth about gaps covering was true. This one has several to cover. Seems only the gaps up get covered.
And no t trade manipulation.
WOW 6 MM's parked at .11
Hopefully no PR today. That will indicate Q is not good.
Nice volume and no t trades. Q due Monday.
Not seeing the buying pressure expected for the Q being due Monday. Could be MM trying to cover or peeps just lost interest. Any guesses? We are only 5% above the 2 year low.
According to their last PR they are up 36% on profit to 780k. Last year they had 484k profit and a net loss of 505k. They are up 296k over last year. So 505k-296k still leaves them 209k in the hole. They have stated cost have been going down so hopefully enough to at least break even. Lets hope so, they need to at least break even to give shareholders confidence they are headed in the right direction on profit since they refuse to update any news, Upstream(which has now been over 6 months), EV(Which has now been over 5 months since they stated their EV car would be ready by end of 2022), BASF etc etc.
Q1 needs to show profit. No profit and this will continue to fall since the company refuses to update on progress. 2 things to be watched this week since Q is due Monday is trading if we see a continued decline in pps or a PR late in the week to uphold the price I feel the Q will show a loss.