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Tuesday, October 06, 2020 9:29:49 AM
true - or it could just go POOF and be worth nothing.
Learned my lesson with American Rice in the '90s. It was one of the few stocks I've owned that went it filed for BK didnt drop to the pinks... it just went poof. no quote, no market. Chapter 7 liquidation.
I have this on watch but there are so many red flags, esp the way they chewed away over 60% of their cash in just 6 months... and this-->
In June 2020, shareholders approved, and we filed an amendment to our articles of incorporation increasing our authorized shares of common stock from 50,000,000 to 150,000,000.
I suspect dilution coming soon.
It's easier for rich man to go through the eye of needle than it is for a camel to get into heaven.
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