CaliPharms Inc (KGET)

[rawman]

There are probably 50 tout sheets, social media sites, and/or "investment forums", including Reddit and similar, driving the cesspool of the OTC Pink and Grey Markets right now.

KGET is only one of many stocks that are trading para-normal volumes, with significantly increased historical share prices. KGET has no business operations and no assets, but commands a completely beyond reason nearly $8 million Market Cap. There are no rationale explanations to support any of these OTC stock moves! It's a traders' lottery, literally based on musical chairs. At some point, when its time to find a chair, the chairs will all be gone, and the share prices will plummet.

I can instantly list at least 10 OTC-traded stocks that mirror KGET, i.e. high volume, increased price, billions of shares, and no apparent business. And my list of 10 would only be the tip of the iceberg for stocks currently displaying the same characteristics.

I have no doubt the SEC will ultimately step in to stop this cesspool of stock trading, but it is a matter of when. It's a bit of a game of chicken between the traders, i.e. promoters, and the SEC. It will happen, but "when" is not clear.