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Re: Kurt_Banoffee post# 62054

Monday, 12/11/2017 11:14:56 AM

Monday, December 11, 2017 11:14:56 AM

Post# of 104408
I disagree and agree with your comment. We don't know the actions being taken by the company or the detailed reasons for the current state of affairs. Obviously Steve is not sitting by and letting them steam roll over him and that is in our best interests too. Until we have details it is any ones guess.
On the OTC or off the OTC doesn't matter. I agree with you that "no serious institution would touch the stock". You can collateralize most stocks at $5.00 (borrow against the position), and a lot of retail investors and portfolio managers that use leverage won't touch an otherwise good investment because of this. Once a stock crosses north of $5, new money tends to pour in. If they announce a contract you can bet there will be a lot of NON INSTITUTIONAL investors pouring into this investment under $5. With the players Steve is possibly aligning with i.e. DowDuPont you know an announcement of that magnitude would raise a lot of eyebrows, including the news medias. The question is, how high will your eyebrows go?

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