Philip Morris has zero need to acquire tiny little Cigawatt. They can easily do their own thing.
The constant claims that Cigawatt will be like Walmart, or be a target for Phillip Morris, or become a hashtag giant are simply incredulous and pumping before the dumping that will occur if/when hard close occurs.
Cigawatt cannot carry the current Cogs, plus 3 billion plus in the OS, plus a salary for a CEO, plus a salary for some role for Norm Bour, plus whatever other company positions and salaries they create.
If/when this RM occurs, if/when hard close occurs, this stock will run a little, and for a short while. Then it will collapse back to actual value of a tiny little vaping company with 2 stores carrying a 3 billion plus OS burden.
The fundamentals are not here for anything else. And that is why longs will dump what they can on any run, and short term speculators will take profits. The dump follows any temporary run. The dump floods the market with shares. The PPS collapses due to the flood.
Seen it many times on the OTC. It’s the OTC. It’s simply the way it is