Friday, October 26, 2018 11:55:23 AM
100% disagree
1. the company has done nothing for a years
2. NO MONEY .... IMMINENT HEAVY DILUTION - OVERDILUTION JUST TO KEEP LISTED
If Odidi had a partner lined up and ready, the dilution would not have been done like it was and likely for far less. But the street knows this company is a joke and really has little to nothing going at this time. Odidi should have diluted less and dropped the listing ...... period. YOUR CEO OVERDILUTED BECAUSE HE WANTED THE PRESTIGE OF STAYING ON NASDAQ INSTEAD OF TAKING HIS MEDICINE AND EARNING THE LISTING BACK THE RIGHT WAY.
The valuation of a company can be effected by an exchange listing ...... however the exchange is totally irrelevant to its true value. I am probably in the minority but again it would have been better to dilute less ..... let the stock go to OTCBB vs keeping Nasdaq. What has being/staying on Nasdaq done for the company ? Zero.
I am not saying this stock can't bounce with good news, but it simply isn't worth what you think based on the information available today.
Amigo Mike
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