Wednesday, February 15, 2017 4:39:24 PM
Over time we'll see what the company has planned and that will involve more shares hitting the market, but this is the penny world and that's the status quo as far as I'm concerned. I say look for news from the company and for the pps to go up/liquidity to spike from here. We'll see but I don't see what other options they have. They can either:
-Dilute without trying to add to the liquidity and take this down to no bid, which is what would happen, and then they'll end up getting barely anything out of it or
-Release good news and get the market going for this again, then dilute responsibly and as needed or
-Not dilute at all and leave us with this ridiculously small o/s and market cap.. which is what got people all excited about in the first place.
I'll reserve judgment until I see how they plan to approach this, but I suspect there's a rally waiting to be had, and if it breaks a penny with momentum then sky's the limit.
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM