Transformational. That is the golden word from the company.
As an investor, I would not be in a hurry. I would advise anyone to wait for the next reported financials to answer any and all questions. Without calling and or talking to the company. I have no way to clarify a proper answer to your question. If it was transformational. I do not see the main stream of the investment community buying into it and accumulating shares. In return the share price is still being depleted for the moment. Company news can be whatever the company wants it to be.
The company has a serious cash burn ratio. Along with these reverse splits.
Does not matter what the news is, as you buy into the news, the share price continues to wane and deplete. It is the share price, and nothing really else that matters, but the share price. Buy it at a dime and watch it go to a penny?
Buy the way who is selling all the shares? Might ask the company?
OPINION ONLY! RISKY. Refer to sec filings for risk warnings.
1/2 cent Vancouver penny mooching pirates!
