![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 30, 2018 1:31:00 PM
There is a scenario that I'm concerned might have happened...but it doesn't mean that there isn'the great potential here still...
I've recently heard it here before, that the pump week to .16 might have been insiders pouring money into the company at the low, in order to pull new money into the stock, with the intent of driving the price up in order to look better to potential j/v partners, new investors, etc., only so they could bidwhack the pps all the way back down to their original buy price (now), profiting with every sell, selling off everything they bought in order to push it up, and they did it BEFORE becoming "fully reporting", so it is harder for common shareholders to see. This might be why it has been delayed. Give them time to sell.
Once they actually follow through on the 2yrs audit results, become current and fully reporting, and uplist, I'm sure there will be quite a bit of "buy in" by the insiders once again, but this time they will hold until the nasdaq uplist which will push the pps +1.00.
In other words. The insider pump and dump scenario might have been a last hoorah for the gohe execs before becoming fully reporting. It would make sense for them to show investment into their company once they uplist and hold and add periodically to increase investors confidence.
Recent PSYC News
- PSYC Begins Business Overhaul Process with Consolidation of 10 Previously Issued Convertible Debentures • InvestorsHub NewsWire • 03/13/2024 11:13:44 AM
- PSYC's CEO Provides Detailed Update on the State of the Company in Newly Released Podcast Recording • InvestorsHub NewsWire • 01/05/2024 01:30:00 PM
- PSYC's CEO to Moderate Panel at The Cannabis & Psychedelics Investment Summit Hosted by Kahner Global • InvestorsHub NewsWire • 11/08/2023 01:30:00 PM
- PSYC's Psychedelic Spotlight to be Media Partner for 2023 reMind Psychedelic Business Forum • InvestorsHub NewsWire • 10/04/2023 12:30:00 PM
- Multi Media Company Announces Acquisition • AllPennyStocks.com • 09/21/2023 02:45:00 PM
- PSYC Acquires Stock Day Media to Help Bolster Revenue Production Capacity • InvestorsHub NewsWire • 08/31/2023 12:30:00 PM
- PSYC Enters Strategic Partnership with Target Media to Help Accelerate Audience and Revenue Growth Opportunities • InvestorsHub NewsWire • 08/29/2023 12:30:00 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM