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Re: None

Wednesday, 06/29/2022 8:13:34 PM

Wednesday, June 29, 2022 8:13:34 PM

Post# of 44139
The 6 uplists with RS I've observed have been brutal to those shareholders who held through the process. The narrative on the OTC is that some sort buying spree is going to happen after the uplist, but it doesn't. Instead, the RS wipes the standing O/S down to nothing so that the investors in the offering own the bulk of the total equity, which they sell right afterwards. The company gets cash to pay lavish salaries for years, actual progress is no longer required.


Company #1 (VERB) Offering price: $3.13 for 1 share and 1 free trading warrant.
Day before NASDAQ PPS $5.83.
Day 1 NASDAQ $2.83.
Currently $0.5001

Company #2 (RELI) Offering price: $6 for 1 share and 1 free trading warrant.
Day before NASDAQ PPS $33.47 (split adjusted).
Day 1 NASDAQ $5.40
Currently $2.15

Company #3 (WKSP) Offering price: $5.50 for 1 share and 1 free trading warrant.
Day before NASDAQ PPS $7.60 (split adjusted)
NASDAQ day 1 $4.42
Currently $1.91

Company #4 (BRTX) Offering price $10 for a 1 share and 1 warrant.
Day before NASDAQ PPS $13.50
Day 1 NASDAQ $7.74
Currently: $3.44

Company #5 (VIVK) Offering price $4.50 for 1 share
Day before NASDAQ PPS $9.12
Day 1 NASDAQ $4.65
Currently $2.10

Company #6 (SBFM) Offering price $4.25 for 1 share and 2 free trading warrants
Day before NASDAQ PPS $10.50
Day 1 NASDAQ $2.39
Currently $1.10

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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