Naked Shorts are the catalyst, period
I cannot believe I come back to read such bs on this board.
Revenues are the key, ski resort, blah blah.
The driving catalyst behind short term large upside to pps on this stock is the co. to buyback as many shares as possible at these low prices and force naked shorts to cover. Only because the new regs dictate disclosure and naked shorts have to cover will drive these subpennies. PAIM, PAIV and others do not do a 8+ bagger because of revenues or blah blah, it was a huge buyback from the co. which forced the naked short bastards to cover. The smart holders of those stocks knew this and forced up the pps. The naked shorts still had to buy the shares so continued to buy as the pps went from .0001 to .0006+. Same with SMMW. Donnelly Assoc. (same as hired by PAIM/PAIV) hired by SMMW to go after naked shorts who have played the pps. Donnelly Assoc. is not cheap, and SMMW now has made them the primary T/A.
Right after news that Donnelly had been hired by SMMW, SMMW had PR stating a 4B buyback to start, and would continue.
Yes, revenue of 2-4M is not bad for a subpenny, but the big issue is the naked short squeeze. The squeeze trigger price for this stock per Buyins.net is .00015. Many trades show at .0001, but maybe .00013-.00018+ because level II does not show amounts greater than 4 decimal out. The audit report is clean and pending, and the buyback has increased 10 fold and continuing. With a larger O/S count than PAIM/PAIV, it just takes a few days longer to get to the PIVOT point where the pps pops. Naked shorts are going down...
Not a buy or sell recommendation
