Relief Therapeutics Holding AG (RLFTF)

[dude iligence]

RLFTF Non Video Chart





4th gap down in a row. .51 open close .44 -.079-.14%.vol up 9mil from increased selling expect a big volume selling day soon. From yesterdays post bolded the .42 gap should see it tested soon, likely to close then lower is the retest of 36.
From Yesterdays post
Yesterdays close .5935 Todays gap down 3rd in a row Opened .56 then dropped .52s rally today back up to the top of the gap with a high of .585, not closing the gap. This is resistance forming above.
Accumulation going south, MACD about to cross the signal line downward. OBV headed south as well. Below there are unfilled gaps 8 days ago gap up from .42 not filled or tested, the big gap from Aug 5-6 .21-.40 with intraday high low gap of .30-.36. 50ma is .1968 and ascending. The volume has been dropping everyday. 16 days ago pps was .045. These are all factors one should take into consideration.



the 50ma .205 will be into the .21-.40 gap tomorrow. At that same level 20-.21 is the June highs and the early Aug highs before the massive gap up. Should be solid support. Below that .15 support. Best case senario there is a massive selling day taking the price down hard in on move taking out closing all the gaps bouncing off support. Worst case slow dilution bleed continues this will simply make any traders find a new Jet.

Other things to consider new share structure numbers came out were posted today. They are as follows.

Here Today Member Level Tuesday, 08/25/20 12:29:51 PM
Re: JJPow post# 14568 0
Post #
14586
of 15012
So based off of the new filing:

2,383,268,581 OS

1,673,709,285 Float

Newly Diluted Shares since last reported on 7/29/2020

132,069,309

That’s why the PPS has been going constantly down.

https://www.otcmarkets.com/stock/RLFTF/security



There seems to be a misunderstanding of how dilution is figured. The 132 mil number is low. Not sure what numbers were used before to subtract from.

OS is not the determining factor of dilution, Float is the number to compare.

OS -Restricted = Float

Float -Float = the number of shares diluted.

Yahoo had float at 1.21b this morn now they show 1.35b OTC markets shows 1.67B as of jul 29 almost 4 weeks ago. It would be safe to say its higher many mils higher. Dont be fooled into ever believing a OTC stock with a OS of 2 bil isnt a dilution machine. RLFTF is a dilution machine that had a massive surge in volume so if you take 1.67-1.21=.460mil in dilution not including any from aug. the shares may have been taken off any restrictions in anticipation of the big pump n dump in Aug. The Nasdaq carrot has been dangled. This is a very powerful tool used by OTC CEO to keep the bagholders happy and excited. Someone mention Gems has 700 mil more shares. Well they are likely dumping them all day everyday. If there is an uplist those shares will be dumped into the float first then they will do an rs in the interest of shareholder value and meeting Nasdaq price requirements. Then brand spanking new shares will be issued for the Nasdaq further diluting the faithful longs. Basically this is screw job wrapped up to make you think your going to be a million aire. If you want to own a Nasdaq stock buy a Nasdaq stock.


Things that leave a bad taste

CEO that pre announce news
CEO that pre announce news then dont deliver
CEO that say theres no dilution while shares are being sold out every door and window.