Movement is the hardest question we have. Two years ago, I would have been much more confident with my predictions, yet with the sheer number of outstanding shares, it makes everything so much harder to predict.
Then we have the outstanding problem of Oceana and others who can just drop in and dump millions or hundreds of millions onto the market. The borrowers, etc are not in the business of long term holding/gains. They have a formula they use to borrow and take a percent profit if they can. Many borrowed and were issued at .0001. I can tell you they will take .0004 in a heart beat and move on to the next account. They are not looking at this board or potential if they held it for a year etc. That is not what they do or why they are in business.
My predictions based upon what I have seen and I am going to go conservative here. If Glowdot gives us a launch date this week, I think we will see .0006 - .0008 by Friday.
When we launch I think we will see .001-.002.
I think we will sink back down after that until we see how the GSL goes or doesn't go in May. If it launches both on POWFOLIO and in TRU I think we go to .005-.006 and again go back down after that push.
When the Markiplier Comics comes out and Comic-Con announcements/traffic I think we could MAYBE see .008 yet that would be the top I would ever be willing to go based upon the current share structure.
If we get POWFOLIO numbers, users, paid accounts, income, and SEC financials later in the year that show profit and debt being paid down we could see $0.01.
As I said there are too many outstanding factors, flippers, new shares, buy-back, reverse-split, new/old debt, Benny factor. Yet as I have held REDG for I think close to four years now and everything I have seen. This would be my guess.
Again, I am always glad to be wrong and see it go higher, yet a massive pump and dump is not in our best interest either.
-PI
