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Tuesday, July 16, 2019 11:04:04 PM
custodianships usually take a few months though, so once it is granted (hopefully), all back dated 10k, 10qs, etc need to be filed. However, it's been a dead company for a while, so those can be completed surprisingly quickly. Lazar has a track record of popping out 5-10 filings on the same day, sometimes over the weekend.
In the mid range/longer term, if everything cleans up, the company becomes current, and if there is a RM, the share price could easily hit .01-.05 in a few days. In a wild and crazy estimate, .10+... which is why, if you're able, hold onto a little bit incase it goes parabolic.
These are good levels to buy and hold, breaking out of trips usually takes a few 100M days of volume. L2 has been clean and there is a solid base around .001, so .002-.003 range might creep up sooner than imagined.
Anything posted is just a thought and should not be construed as any form of investment advice.
"Don't think you know what you are doing. Know what You think you are doing." (c) TP
-happy thoughts-
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