Red Cat Holdings Inc (RCAT)

[investor2004]

The price of this stock is not the issue at all. There are almost 5k OTC Pink stocks that have a stock price of $1 or higher. Some are much much higher! See for yourself and chose pink and minimum price in the screener of $1 that I have added a link to below.

The price is not uncommon at all since in the end it is all about the share structure. Some companies have many billions of shares and are trips at .001 with a much larger market cap because of the OS. IMHO this is more about this company not trying hard enough to market the stock to smaller non accredited investors at this point or convincing larger accredited investors to take larger positions and invest for even the short term in the public float. Fortunately, once we would uplist or even SEC file to uplist, much of those problems should start to change hopefully. GLTA.

https://www.otcmarkets.com/research/stock-screener