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Re: skitahoe post# 380

Friday, 07/24/2020 10:16:47 PM

Friday, July 24, 2020 10:16:47 PM

Post# of 448
If the RS was dropped or doesn't get voted in (highly doubt it though), I agree the PPS would go over $1 The thing is, I don't think the company cares or thinks like that, they just need to resume compliance and an RS is the easiest way to do it. No real skin of they're asses.

As far as the RS vote, as with most stocks in this price range management does usually have sufficient control that votes are just a formality they must go through.

The RS WILL go through. Then usually the dilution continues right back down to under $1 and lower as all these penny stocks are usually a scam. The "company" if you can even call it that makes NO real money, any money is made from feeding off the stock! Non stop DILUTION as suckers buy into news, usually bull shit or fluff.

This company actually seems to be a real deal but so far it doesn't look good. If everything is true, and the news on this company, it should not be trading under no dollar! Something doesn't add up and it seems like just endless shares have been dumped day after day and if you notice, anytime this tries to even move up a little, it gets slammed back down.

With a float supposedly of only 100 million shares, this should be way over $1

I see all the warning signs. I will just sit on the sidelines and see what happens after the RS

GLTA