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Sunday, July 11, 2021 6:30:31 PM
I will give them credit for the lack of dilution so far, but everyone knows that is coming sooner or later. And as I said months ago, and is THE MOST crucial point here, OTC investors are not going to buy a stock priced over 25 cents, let alone $5 like what IMUN is near. Just will not happen. Hence the complete lack of volume here. Most OTC traders barely even buy a stock over a penny for that matter.
So the decision to RS this was just complete idiocy. They are on the OTC-a PENNY STOCK market. Not a DOLLAR market. They did not play to their demographic...penny stock traders. If they would have RS to dollars and somehow someway been able to uplist right away? Ok. But you don't RS and then stay on the OTC penny market where NO ONE buys stocks over a dollar.
Pure stupidity.
Made no sense then and still doesn't. This will likely hover where it is now, maybe have a small spike now and then, but dilution will eventually take over and this will be back to .03 within a year which will be a 99.999999999999% loss from here.
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