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Wednesday, June 15, 2016 4:18:31 PM
as for your question, each r/m play is different, so you can't take what happened here previously as a rule of thumb
we were a low trip stock and ran up over .001 based on the momentum of a r/m. The r/m happens and then we got crappy management with zero investor relation skills. they hid under a rock and the stock drifted down. liquidity was next to nothing. we were hit with the r/s and nothing ever happened. we were promised the deal was done and the ceo went on record saying CSCE will be $1, but then reality hit. None of the managers realized CSCE can't be traded in Canada where the r/m took place… the deal fell apart and supposedly control of CSCE was handed back to the corporate counsel just a few weeks ago. This was a 1.5 to 2 year process.
the above is all IMHO (consider this my safe harbor statement)
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