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Re: None

Friday, 03/19/2021 6:08:25 PM

Friday, March 19, 2021 6:08:25 PM

Post# of 41924
For those getting impatient, I would highly recommend looking at the 1 Year chart, namely the run from April-May. It ran from 0.003 to 0.02 over the course of 3 weeks, then went back to 0.007 and essentially flatlined there for another 3 weeks before going on a tear to 0.09. Is this a guarantee that it will emulate the same pattern this time? Of course not - this is the OTC. But it is an indicator of what can happen, which is equally important. And to me, it looks like we could be right in that 'flatline' period before a tear.

Personally I like the lack of volatility here - especially during such volatile times across the market as a whole. I also don't want them to release any huge business updates right now, because their impact on the price would be hampered due to the overall volatility. From my personal experience in OTC, these 'boring' periods often precede huge upward movement. I'm not as optimistic as some of the people here who believe it will hit $1 anytime soon, but with the country reopening, the buyback, and the huge strides they've made to expand their business, I can see this easily surpassing its 52-week high in the near future (4-8 weeks).