What you are describing is just the classic process of a Public OTC Company , selling shares to the Public in order to raise Public funds ...
Success or failure are often related to tight details, speculation on success or failure, is up to the traders / investors ... And i can assure you that there are much worse tickers out there in the Pinks ...
Please find one which publicly disclose his updated Share Structure on a weekly basis ? Most of them keep their T/A gagged , .... , and haven't ever filed a single SEC document ...
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