AppSwarm Inc (SWRM)

[BIOCHEMUP]

Positive uptrend on the daily chart, we closed above the 50MA on significant volume (highest volume day of the whole year, only 10 January 2018 came close with 10M shares traded). With the RSI at 56 and low float this should move easy, clearly an uptrend is legitimized considering all the mobile applications (APPS) SWRM has developed.

07/24 Important PR with overview of company projects

https://www.otcmarkets.com/stock/SWRM/news/AppSwarm-Provides-Update-on-Projects-Under-Development-and-Financing?id=198792

Preferred Share Financing

In regard to funding of operations, new IT staff, and future acquisitions, the Company has elected to use its Preferred Shares to finance operations as this will be more supportive to our common shareholders.

The Preferred shares will be marketed to ‘accredited’ individuals only, as the company is determined to avoid financing from any toxic sources to fund operations. Investors in Preferred shares will have a lock-up period of twelve months, under rule 144, and this will remove any immediate undo pressure to our common share structure, while also proving us the funds needed to execute our projects under development.

In addition, any future acquisitions would be executed mainly through the use of our Preferred shares, as this would allow us to purchase real revenue producing assets, while offsetting any immediate dilution to our common shareholders.

Basically all of the projects listed in this PR have been launched since September. The market has some catching up to do market cap wise. Undervalued and still under the radar!