BB's Stock Haven

[Greed_e_Smurf]

Yeah, i kind of figure it's an uplisting move. People (particularly I-hubbers) don't recognize the difference between a dilutive toxic company (R/S'ing, printing to .0001, and repeat...) vs. a non-toxic company R/S'ing on an uptrend with the point being to meet the requirements of the exchange they wish to uplist to. Generally, I've found if the company wishes to uplist to a different exchange they let it be known in advance and though there is still typically a selloff for those who just see R/S and flee, the selloff is usually much smaller. What we got this morning was a panicked selloff, but I think (crossing my fingers) it's purpose is for uplisting, and they just did a really poor job of communicating the intentions, hence the panicked selling... potentially because things might be happening faster than expected (again fingers crossed).