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Sunday, November 29, 2020 1:25:01 AM
If these folks are taking measures to protect themselves against a hostile takeover, it means that the company is valuable and profitable enough for an outside entity to consider a takeover to be a worthwhile venture....IMO.
What OTC company takes measures to protect themselves against a hostile takeover? The PPS here is almost an impossibility for what this company has going on.
I have never had the pleasure of riding a penny stock from this low to over a buck, but this might be the one. Once the market understands and believes what this company is actually worth, we could realistically see that dollar run. It traded like water all the way into the .20s on the first run. Easy mover to much higher levels when we get our next installment of information!
Look for this to get halted one day, probably soon, maybe even before the next filing(s), and open back up with a new name and ticker. Last stock I was in that did a name change, there was about a 3 day waiting period before it was trading again.
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