Phoenix Rising Companies Inc (PRCX)

[DaReal]

Don't forget it was a sigle spike to .56 and it closed at .19 the same day on record volume for the stock after the RS.
Per the last 10Q the CO issues almost 10M shares for services (whatever that means) at ~2cts... another 4.5M shares to related parties for sercices at ~ 1ct/share

9,350,000 shares valued at $223,445 for services
4,500,000 shares to related parties valued at $59,981 for services

Guess who banked big during that run-up...

Who knows how many shares were issued during the last quarter for "services" etc...

In addition to that you've a lot of stuck-holders now, who are obviously desperate to get their $ back. I'm guessing there will be a lot more selling on the way up this time, means it will require a lot more volume.

Reality does hurt sometimes, but somebody is continously selling into the bid, and i doubt that these are just some "investors" who are dumping their shares...

Enjoy ya Day!