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Saturday, August 26, 2017 7:39:51 PM
These are big reverse splits. One of them caused a temporary bounce before tanking, but holding this stock long terms is just financial suicide.
The company has made it clear that they are willing to dilute all they want and will do reverse splits when they want. The history says it.
I looked through the entire chart and I could not find a single 1 year interval in which holding the entire year resulted in anything short of a major loss.
All they do is change their employees and change their execs, then use that to attract investors. Wash, rinse, repeat.
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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