Can't believe this thing is still trading. The reason that you're seeing volume is that they have a ton of convertible notes that are being pushed into the market.
The reason they have all of those convertible notes is because up until they acquired Shift Now, they had zero dollars in revenue. After they acquired shift now, their revenue went up, but their losses DOUBLED.
Shift Now is a small marketing agency that does campaigns for local North Carolina businesses. There is no growth story there, other than a manufactured one based on when they consolidated the financials.
The other part of their business is a concentration app that's been in development for five years. FIVE YEARS.
I get that these are penny stocks and if you dig deep enough, 99.9% are trash, but this isnt even trash - it's just a really low effort p&d.
Also, I've watched the stock price on this for a few days, hoping to see a decent setup to at least trade this turd. For the most part, the MMs have been gaming the spread so that it's impossible to trade this thing.
If you do make money trading this thing, congrats!
