The dip is likely due to past conversions (prior to March 31st) finally hitting the market. These conversions resulted from debt taken on by old management prior to the reverse merger. With all the volume lately, I expect the sale of these old shares is likely done by now. If not, there can’t be that many remaining.
Going forward, we are in great shape. The current state of affairs is great IMO...
COHO is an OTC Pink Current company...
- with ZERO, NONE, NADA convertible debt per the filings. i.e. No dilution.
- is Generating revenue
- is Profitable
- Recent acquisition of Evolve Partners inc financed via direct loan from the CEO
to the company, Not
a toxic lender.
- the company is not hiding its share structure (the TA updates the SS on the OTC at least twice per month)
- the OS has not changed in months
——1,953,845,940 = OS on March 31, 2018
——1,953,845,940 = OS on May 31, 2018 Link to Filings... https://backend.otcmarkets.com/otcapi/company/financial-report/193487/content Link to OTC site showing the TA verified OS... https://www.otcmarkets.com/stock/COHO/security Link to acquisition PR... https://globenewswire.com/news-release/2018/05/31/1514560/0/en/Crednology-Holding-Corp-Acquires-IT-Company.html