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Thursday, September 24, 2020 10:13:59 PM
If this company is still in business, their low O/S count combined with their high documented revenues, are enough to put this stock well above $0.01 when they become Pink Current again.
On the other side of the coin, if this company is no longer in business (as some are claiming), then whichever company takes over this ticker, has ownership of at least 60% of the common stock. When any company owns 60% of the common stock, combined with a small O/S, that's usually a very good sign for shareholders.
Either way, I see this ticker being a winner. It's super undervalued right now, based on just the low O/S and the amount of company stock ownership alone. It won't take much buying power to run up and out of this triple zero range again. It ran up 1,500% in the blink of an eye last month. No reason it can't happen again. No reason it can't go even higher. Super thin stock.
$OCLG
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