Trusting the company or the CEO is on the person investing... not interested in changing anyone’s mind either way. The only thing I’ve seen is an 85% dump after a “Supposed” 200 million dollar lawsuit... which was a total bs institutional pump play. Not the companies fault. But then cower from an explanation for a month while he counts the money he just stole? Is that someone who should be in charge?? I keep hearing the company has revenues of 11 million. At the time of the dump it was valued at 10 million give or take. So the company is making supposedly 11 million and was at 10 million and now worth 3 million on paper... so the SP drops 80%? The business makes 11 million in revenue supposedly and the 2.5 million dollar lawsuit should not have made the stock nosedive, regardless of the disappointment, unless the perception is, the company is worth $500,000 before you add 2.5 million to equal a current valuation of 3 million even with the huge revenues.. Please explain this to me how everyone is long and the supposed 15% flippers made this drop 80%... where were these longs at to keep it somewhat stabilized, because 20-40% dive at max would be a a reasonable drop on a sell the news play. It would make the value of the company around 6 million... also reasonable to current metrics. But 80- 85%... there is no metric to explain that....Other then retail investors got scammed. Retail didn’t even have a chance because it gapped down overnight. Couldn’t exit if they wanted to. My concern moving forward is one day if and when this hits 20 cents... are investors going to continue to get corn holed again.. How can you trust or control that when it’s owned by 85% institutional? The rug was pulled because of a lawsuit not the company financials .. If the company is an excellent investment opportunity making 11 million in revenues...how does a lawsuit drop its value to where we are today? Company hasn’t changed... in fact it’s collecting 90,000 more a month, which was emphasized numerous times, and a 11 million dollar revenue and it hasn’t moved into penny land yet... Don’t worry....nobody else has an answer or reason either for the rug pull!??????? How can you trust a company that the value drops 80% with news of winning 2.5 million lawsuit? I’m open minded so if you can explain the reason we are where we are at, I’m all ears!
