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Thursday, December 10, 2020 2:44:07 PM
However, I believe they have no intention of remaining a penny stock and the reason they are becoming public is to offer stock options to employees and grow their business with acquisitions. Diluting just to diminish current shareholders wouldn't make sense but having a higher share price will just be a benefit to the company and it doesn't matter who owns it at this point.
Potential is the determining factor for this kind of company. Selling now, is just selling to someone who understands that potential and has the patience to take advantage of this opportunity.
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