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Re: Ace1978 post# 57954

Saturday, 10/30/2021 4:37:50 PM

Saturday, October 30, 2021 4:37:50 PM

Post# of 63478
Longer term a R/S will likely be needed here to reduce the o/s especially it they every want to up list to the Nasdaq. Imo that is a ways off. If they acquired the right company and could start to really grow 800 service and start generating real profit they could do stock buy back, but i think that scenario is unlikely. OTC is famous for doing R/S because it's easy to do with little cost to the company while killing shareholders. In BYOC case they've increase the A/S to 30 billion and imo was done for a scare tactic to generate retail selling. Remember in OTC when a CEO says "we are doing this for our shareholders" RUN LIKE HELL! A company objective is to generate money to grow using retails capital to do that. They also know 95% of OTC traders are short term momentum players and are using the company to make a profit and run once its made. So Companies in the OTC really could give to shits about their shareholders. Also a R/S right now doesn't fit what i'm seeing. There is WAY WAY Way to much money to be made on an enormous pump. The CEO will make a ton of money, as well as his friends, family and insiders, thats how this game is played. Not to mention now that they used that last pr to sell into there would be easy tracks to follow for a class action lawsuit. It's not illegal to dilute but it is illegal to pump and dump!

BYOC