Friday, November 12, 2021 10:04:29 AM
Fact is the current share price doesnt automatically and instantly just dilute to a lower number based on how much the market cap is and the current share price, it doesnr work that way in real life. As it stands the price is the price on any given day and it worth what whomever is willing to sell or buy it for, its that simple.
A good portion of those shares are held internally and therefore restricted for one and the common free trading shares that will be tradable are still in the pink status on the otc, so there is limited access to them from a broker dealer standpoint. I would assume instadose is prepared based on the sept 28th new rule in place where the otc board is cleaning up the non reporting pinks first and then moving the reporting companies to the QB or QX if they qualify. Once there, that move will open the shares to a good majority of broker dealers who dont handle pinks currently and there should be a good amount of volume then flood in then. Probably right around the time the 2125kg load or more drops,bjt I cant say for sure so well see. As it stands now some of the majors confirmed such as TD, RBC, CIBC all sell pinks.
Either way slice it however you like, you either like the price or you dont and it will fluctuate like every stock does, up and down for a multitude of reasons. Theres nothing ouch about it based on the fact that its a new player on the global court and things take time to work themselves out.
Dont think for a minute that this run is over, it just starting and thats obvious to me. People here are either invested or not and its clear who is and isnt, but I do remember a time when certain people didnt think this company was even real lol, or that the merger failed lol or just a pile of nonsense and clearly theyre consistency is questionable.
One thing isnt questionable and thats Instadose's ACTIONS, not just words and not just speculation, theyre moving to get things done and done further rest assured.
Have a nice day.
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