I got email response from them
They said working on new details and PR may be released shortly
No wonder MM wanted cheap shares
This is insanely oversold, yesterday was sheer panic selling
I see trip to 0.0017 shortly
MM can't make money at these levels
They will pump this and make fast money by selling shares they now got under 0.001. Lot of guys had stop loss order set below 0.001 and MM knew that hence the flush. I could clearly see yesterday..There was no dilution, it was all stop loss selling in panic as soon as 0.001 support was broken, now MM have all these cheap shares, they will pump it back to make double..
Just watch
Lot of these stocks MM try to break support levels to flush chart traders and then move it up on little or no volume once they got those cheap shares
I have seen this pattern in many trips..
this is trading as if it's worth zero..
come on
Nothing has changed in past 3 months other than panic dumping, yes there was some dilution, but not like 300 million shares dump days to take this to trips.
This looks all retail selling..in past two weeks, more of emotional selling, volume is not that much
This had 600 million volume pump from 0.0008 to 0.003 not long ago, here we are at 0.0009 with 1/5th of the volume..
This looks all retail
Most penny stock don't drop from 0.0034 to 0.0009 straight - They do have one bounce..MINIMUM
I see next bounce to 0.0017 shortly, MM will create frenzy after accumulating all these shares cheap and sell it higher to cash in gains and then short it back
Just watch
