Sunday, February 14, 2021 1:04:40 AM
The price will drop due to dilution (temporarily, that's fine and expected), which was clearly communicated by the company. The clear message is 1) this is one of those "diamond in the rough" sub-penny companies that produces millions in revenues with an independent BoD. 2) Signed or renewed contracts with blue chip names like GE, Cargill, 3M.. we haven't seen that revenue yet 3) BoD got their comp in shares, they need this to go up.
It's a good company on its way up. Period, end of story.
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