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Re: 13moonster post# 30480

Thursday, 01/18/2018 12:45:05 PM

Thursday, January 18, 2018 12:45:05 PM

Post# of 50157
Ditto on questioning why people think this is going up soon.

However, I am struggling to understand why you think price will move up on the latest news. Especially the idea that "price will move pretty fast from here, above .10 easy and .25 by end of month."



What we know from recent filings is that 114M shares were OS with 123M more in the investor agreement. As of 1/18/17, about 180M OS, so only half of the investor share agreement have been issued into the market in Jan thus far. On top of those shares, another 250M shares will be released and there is no "set price". 4 cents was just the recent closing share price at time of writing up the filing.

So with 70M shares over the past few weeks dropping us from high of 0.09 back to under .04 and over 300M shares possibly to go in a price range that major investors will not touch, why do people think this is going up from here is a mystery to me.
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