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Tuesday, August 10, 2021 12:23:52 PM
The restricted shares are held by company insiders . When their shares become free to trade the share price could already be sub penny , which would hardly benefit them.
What needs to happen is the company needs to issue a comprehensive PR to demonstrate to current shareholders their investment is secure . Because that's what it is , an investment.
They need an actual investor relations , someone to drive awareness to attract new investors.
But first and foremost they need to repair relationships with large shareholders , the dismissive way they have treated them as " penny stock flippers " is offensive . The longs like myself have a full portfolio which includes OTC plays as well as ETFs , options , Nasdaq , NYSE investments.
If the aforementioned relationships aren't mended the longs again may close out their positions in $BRSE which would most certainly drop the price sub penny , drawing in the Penny stock flippers who would then take it to trips , right around the time the company leadership is able to sell their shares .
But anyway , Oil had a nice pull back so that's been taking most of my time.
Good luck to all
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