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Saturday, May 07, 2022 1:33:56 AM
Ad to that...this is a foreign company on the US OTC. If you've been investing more than 10 years you know the skeptacism the market has based on recent history of specifically Chinese, but foreign in general, companies listed on the US market. Watch the movie "China Hustle"
This is why I have pushed to see more emphasis on US Epiphany launches. If investors can actually see, hear...and yes..taste that this is a valid expanding company....it will resonate with investors...HERE!!!
I'm also beginning to think the professionals at GEO Investing(a sponsor of the recent Planet Micro conference) whose opinion I forwarded in my last post...are also RIGHT. Reverse splits in OTC are often price catastophic because of the fear of coming dilution. BUT Reverse splits CAN be seen as good if a company is SERIOUSLY capable of getting to NASDAQ. It may be a little premature, but in the state OTC is now, they may be right that no larger whale will take this serious with Billions of shares outstanding...no matter how undervalued it actually is.
IF they are right..that means we wont see serious price moves till at least 2023. And heaven forbid MORE share dilution!! So either believe and be patient...or flip it and move on.
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