I'm very happy that EXAD opened at .0001 today, gapping down from .0026. Best news of the day.
I always said that EXAD was a pump and dump and I was once again proven correct.
I hope this stock never recovers.
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.