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Re: Think1st post# 39263

Sunday, 11/28/2021 12:57:23 PM

Sunday, November 28, 2021 12:57:23 PM

Post# of 50126
Good business model (reported $866 Qtr Revenues @14% operating margin) underperforming horribly on share price.
Why?

My take IMO
1) CEO seems to care little about share price or communicating (pumping)
This is my #1 reason for such a dismal pps for what appears to be a good operating model. This leads to low trading volumes and lack of investor interest. If we have a healthy volume here say 200-500M shares traded daily..other problems would be much easier to handle
2) MMs Manipulation - facilitated by factor #1 above and low volume. They have been relentless here in helping keep this pps from running at times. Just hoping that they have had enough shares accumulated now that they will want to make a return on their investment at some point.
2) Debt and Dilution - the subject of constant bashing on this board by those that will remain nameless here. They are right..this can't help..BUT IT's NOT THE MAIN REASON. Dilution occurs in the OTC as often as the second hand on my watch moves. You see stocks with NO ACTUAL BUSINESS OR REVENUES (many OTCs BTW don't), doing much better than this one and some with much worse share structures. What's the difference you say? ..See factor #1 above.

All that being said, I'm still holding on this one because I believe this is a 1/2Cent-One Cent company that at some point will reverse...and I don't believe that Leon will fold house and leave ..and I don't believe that having a price this low will sit well with note holders for very long that want their money and not 10cents on the dollar by trading in trips. Whether he likes it or not, Leon will need to pump here soon.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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