No, it is not because I think INTV is a scam or a bunch of penny stocks are scams. That is what I think, and I believe I mentioned this several months ago. My theory is this and it is not just INTV, I am referring to all microcap and nanocap stocks. I have observed over the past 5 years that penny stocks get big capital gains mostly because of emotional excitement and since there market caps are small that demand and sentiment fluctuate much more. The stocks fall dearly back to their levels from what was pumped to dumped.
The problem with most of the penny stocks I think is not that they have bad ideas or make that bad decisions it is excessive but not just because dilution, the problem is the timing of dilution. I think what needed to be done was dilute gently during the time for when the stock was going from no hype to hype. This way not only would the effect be more subtle to the stock share price but the amount of funds raised would have been a lot more U.S. dollar per share. So at this time then use the money that was raised during the time of the pump to build the company when the sector or specific stock has been dehyped.
But this is now the time that we are likely to see the crypto assets and crypto related stocks get pumped up again and it's just starting right now. Look at the major altcoins over the past few days, and I think the same thing is going to happen in a similar pattern as when the emotional excited during the time of the BTC futures and during that month and a half time frame a lot of crypto related stocks when up like 10 fold as well as the altcoins.
