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Re: when in rome post# 16437

Wednesday, 05/05/2021 4:11:23 PM

Wednesday, May 05, 2021 4:11:23 PM

Post# of 22600
I’m surprised too.....but it’s a reflection of the pitiful volume/lack of visibility. There are shells with no business doing ten times the dollar volume. We traded about $70,000 worth today. For context, there are folks on this board who I believe own 2-3 + times that dollar volume themselves. This is very weak/low volume action.

Why? Zach has stated he has zero appetite for stock promotion. That is one reason why. No way, for example, a $DS*R does 400M volume at a 3-4 cent PPS without a massive promo. Also, the general downturn in OTC. I think a lot of $$$$$ is flowing to crypto, NFT, etc. Other “hot” sectors.....

For us long term players, that’s OK I guess because in time, the organic growth of the $VNUE business should bring more eyes. Especially once we are on QB. I am frustrated with OTC Markets.....this should be done by now. Not sure what’s taking them so damn long. Certainly not VNUE’s fault.

Reasonable minds can differ on the promotion issue. I’m with Zach that we don’t want a pump and dump or questionable third party promo. But, I do think there is value in a targeted awareness campaign that isn’t tied to the receipt of shares. Liquidity is an issue here and a broader investor base would be good. Let’s see what QB does though. Also maybe Triton can do this.

Note, we actually ended up green but only slightly.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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