FRLF one of two scenarios plays out - 1. news and boom -or- 2. no news and continued slide south to mid teens.
considering we are way overdue on news and there have been many major things in the works- id expect #1 to be more likely.
Q's don't typically move stock prices up in the OTC. Those are more important to big board stocks which value on PE multiples.
Here in OTC it is more about momentum, money, growth potential, and the company's ability to communicate/showcase these things effectively to retail on a regular basis.
OTC is very "short attention span theater" - for example practically no one places value on the merida deal at this time, even though it is an insanely bullish event for an OTC to secure a traditional lender and equity fund partner. Its all about what's new, whats next, whats driving things today, whats potentially around the corner.
Trading OTC stocks is like licking honey off a thorn
My opinions are my own and are not a suggestion to buy or sell stocks. Always do your own homework.
