Friday, May 24, 2019 11:16:41 AM
That stock is sitting @ .0001 but has an O/S of 5.5 Bil
The Company itself is making money....but the Share price will never move
The O/S here is really good @ 56,782,630 and @ .0078 Market Cap is indeed a bit low @ $443,000
But its a small company just getting a foothold and we as OTC snipers, looking for a jump in share price always,also know from experience that these companies sooner or later need to dilute for investment Capital and operating expenses
Its the whole reason Companies like this go public....to get funding thru selling shares
The CEO may say something like "We'll never use Convertible notes as a funding source ever again"...then turn around a month later and take out a Convertible Debt of $93k.....lol
The CEO of an OTC Pink Company is FAARRR more corrupt than a Politician
Its all about selling shares
Get in...Get out...Lock Profits...Move on
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