Sunday, January 23, 2022 11:06:59 AM
I’m thinking realistically this could hit .02-.03 max if the CE ever drops and this trades pink again. This all depends on the case with the SEC as I don’t see the CE coming down until that case is settled. OTC markets is in control of removing the CE designation but one of the reasons the CE is there is due to the case with the SEC. So I doubt it drops until the case is settled. The case could settle in this 90 day extension or the SEC could extend it as many times as they want.
I feel if the Ce drops with will have a short lived pop in the .02-.03 range. The problem is there will be lots of folks trying to sell at the same time and this will be so illiquid like most OTC stocks so it will be hard to get out.
The company doesn’t make any money at all to actually sustain a higher PPS for much longer than the initial pop as they are broke as always.
That’s my take and I bet I’m close IF the CE ever drops
I feel if the Ce drops with will have a short lived pop in the .02-.03 range. The problem is there will be lots of folks trying to sell at the same time and this will be so illiquid like most OTC stocks so it will be hard to get out.
The company doesn’t make any money at all to actually sustain a higher PPS for much longer than the initial pop as they are broke as always.
That’s my take and I bet I’m close IF the CE ever drops
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