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Re: craigakess post# 32516

Saturday, 12/29/2018 8:47:36 PM

Saturday, December 29, 2018 8:47:36 PM

Post# of 232921
The problem is that OTC is riddled with 4 players that you can't get past.

Even with all the good news the reason why the stock won't move higher is because of the 3 players I noted above. They are:

1.) NITE
2.) CANT
3.) flippers
4.) Maybe short-sellers as well

The problem is that all those players above are an overhang. Without a reverse split it will be very hard to get uplist to a higher exchange. I'm not saying it's impossible but you have to counter all those players in the way. What may move it past $1 might be if Pro-140 announces FDA approval for the combination. Then again it may not. You see the cycle here?

In addition to those players above you have the overhang of Paulson with shares. It's just too much for the recent news to counter. But truth be told IMO to eventually uplist to a higher stock exchange or move past $1 a reverse split will be necessary.
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