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Monday, August 21, 2017 12:48:25 PM
Secondly, I didn't see anything new and negative when glancing at it. I only skimmed it, but I didn't catch anything that bad. If you ask me, it's not what's in there. It's what's not in there.
There is no mention of the share structure. We know that the float is increasing and that there is dilution, but what are the updated numbers??? I think people are selling because they wanted to see the share structure to clear up the controversy, and the company just eluded the entire topic. That's the only thing I can think of, but I may be wrong, who knows.
99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.
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