Friday, June 23, 2017 3:39:59 PM
Here, let me explain it as simply as possible: MIDAM dumped their shares illegally, which is why RXMD is suing them. As the share price falls, they continue to bash the stock, like a spider shaking its web, convincing other, more-timid shareholders to panic and sell, pushing the price down even further. With the recent low volume, it doesn't take much to paint the share price down, a little bit each day.
No one's accusing MIDAM of doing all the selling, just of illegally selling the shares they owned in a fashion contrary to their contractual obligations with RXMD. Oh, and maybe a little dedicated bashing and bid-slapping to walk the price down, to try to mute the eventual pain of having to buy those shares back.
Again, they'd better hope that they're ordered to buy those shares back BEFORE RXMD goes to OTCQB or puts out some M&A news. Since they're both profitable and on-track to meet or exceed $22 million in revenues in 2017, a 20% increase from last year, RXMD would be undervalued at 5 cents per share. If the stock goes on a tear, it could easily rise to 7-10 cents, or more. :)
GARBAGE IN, GARBAGE OUT
KEEP ON TRUCKIN'!
Recent RXMD News
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