In since .051, been agonizing to hold this for months through all these PRs that can't help the price or volume.
What QNTA is proving clearly is that in OTC land, PRs don't mean anything in themselves because everything is assumed to be a scam until proven otherwise by filings. So aside from bullish filings, the only possible reason that an OTC stock can get volume and price increases is simply because people are chasing or buying into a narrative based on chasing, because the price is already moving up on hype or speculation (likely concomitant with pump and dump coordinated by insiders, Twitter followers, or maybe a market wide pump of penny stocks like happened last December, etc.).
Another factor that I think is hurting pennies badly now compared with before: I think all of the casino-like high risk market participation has diverted into crypto shitcoins, away from penny stocks. Does anyone think that until or unless crypto shitcoins are more heavily regulated (may not happen for years), penny stocks runs are going to be increasingly rare / a thing of the past?
What other explanation could there be for how QNTA has failed to run at all and just bleeds endlessly without dilution occurring?
I am not a financial professional and nothing I say should be construed as financial advice, only as my personal non-professional opinion.
