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Sunday, May 31, 2015 10:19:09 AM
1) It is a sub penny stinky pinkie trading on what is essentially the pink sheets.
2) it has remained afloat by selling more than a billion shares in the last year or so.
3) they have licensed technology developed by scientists at Batttalle. They own nothing!!
4) they have no revenues to speak of, reporting $12K in revenues last Q ! Worse they have amassed north of $10 million in debt!!!
5) in spite of being essentially bankrupt - and desperately awaiting FDA approval - they nevertheless sport an absurd $9.5 million odd market cap!! ( 1.8 billion shares x .005)!!!
So even if by some miracle they convince the FDA to approve their submission, there will be a massive sell off, since the market cap is overinflated!!!
Folks we are screwed!!
My advice sell and move on ASAP on Monday!!!
Recent RDGL News
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