What really floors me is that nobody is posting on this forum even though we traded 20.53 MILLION shares on day 1 of our OTCQX listing.
Opened and fell to .06 then shot straight up to $0.12 we're profit-taking ensued only by those traders getting in at the open.
Prior to getting delisted, the stock was trading several million shares a day indicative of institutions selling and institutions buying. That was definitely not retail. Was more like an exchange between large holders and hedge funds wanting to buy the collapse. Today's action was complete capitulation on volume.
I have been in touch with investor relations for the last week and management is doing everything they can. The reason the stock got halted yesterday was because it fell below the NYSE maximum threshold of 16 cents a share. Something tells me we will be Trading back above $0.16 a share within a few days, maybe even tomorrow