Monday, November 30, 2020 11:43:01 AM
Caveat companies know that shares can sell but NO broker will buy them so noW the stock can only be sold to investors who cant sell them if they want. Only the company is selling shares.
If the company moves back to OTC current they will have to include sales data to be current or they will remain on the yield sign.
My guess is they pay the $4000 to OTC and move to yield but still don't have to post financials but it gives the illusion they are on the move to new investors who are told GET IN NOW before they go to current and the stock explodes. TO THE MOON!
Most new shares sold are to people who don't know Jimmy or even what the company does. Posting all the negativity back and forth here on IHUB is seen my maybe a dozen people at the most while 1000s who don't go to ihub keep the stock volume moving.
So everyone here is excited they will go to OTC current! where was the excitement when they were at OTCQB and the stock was still at the current level?
When they move to Yield they will pump this to new buyers at the current price and 100s of millions will be sold just like at $.002
Remember 10,000,000,000 shares x $.002 is $20,000,000 and lets not forget they will likely add another 90 billion to the authorized.
that brings the sale of shares at even just $.001 TO $100,000,000
there is NO reason to have the stock more up so cost averagers can make back their money. IF YOU CAN SELL the COMPANY CANNOT! the goal is to keep the price low to ONLY the company can sell.
SEE HOW THIS WORKS!
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