Let's reassess CLOK. Are we overlooking anything?
Stock price: At the beginning of 2015, CLOK was trading at $0.01. After the reverse split (1:100) on March 23, 2015, CLOK closed at $3.53. During 2015, there were two spikes at $7.00, and then finished 2015 at $2.00.
2016 saw a brief peak of $5.00, but remained steady all year at $3.00.
In 2017, there was much talk of "deals" getting ready to happen, remember? Nothing panned out, but this chatter appears to be the only thing keeping stock price at or above $2.00. After many shareholders lost faith in Michael de la Garza's "stories", stock fell to a low of around $0.90 and was around $1.18 at the end of the year.
2018 saw much of the same; spicy stories and misleading press releases suggesting that CLOK was a leader in something big, and that the big deal was almost about to be inked. It never happened. Stock price stayed around $1.40 all year and closed at $1.50.
2019 was similar to previous years as average price continues to fall, most likely due to shareholders' collective lack of confidence in new management. Stock price had difficulty justifying $0.90, and finished the year at $0.70.
2020 saw more trading activity and many shareholders running for the hills. The end of the first quarter saw CLOK trading at $0.17, and soon after there was support to try and keep the stock above $0.40. CLOK price closed around $0.25 on December 31, 2020.
2021 - I think we all know the story. CLOK is still trending down at $0.14-17 cents a share, with a recent push to do another reverse stock split. When this happens, many shareholders will see the last bit of value squeezed from their original investment.
