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Re: klimanjaro post# 87632

Saturday, 05/07/2022 1:33:56 AM

Saturday, May 07, 2022 1:33:56 AM

Post# of 92623
No, I'm pretty much right. This went from the 2 penny range in Late 2020 to 12 cents in Mid Feb 2021. Dropped to 5c in April and then spiked 100%+ on the CE being taken off. You should recall that OTC started collapsing around that time. Every other catalysts came WELL after that when EVERYTHING was imploding. Very FEW OTC stocks had any significant spikes on any new info. Some of the "cult" followed stock did ok for a while but spikes became less grand and were day traded back near original in very short order. SFIO "missed" the pandemic/stimulus $ boat. The most significant catalysts happened during the implosion!!! If they had come before April 2021....this would probably been a 5 bagger starting from 5 cents.

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"
if your not familiar!!! Thats just one more hurdle for large investors to overcome.

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.