Friday, September 23, 2022 11:07:09 AM
1) The market cap was about $650,000 at it's low
2) A market maker had 100% control of the stock price and did not allow any shares sold to be bought back cheaper. I saw this market maker bring the stock price all the way up and only when he backed off in the .08 area the stock lost momentum and begun crashing back down.
3) That MM showed up just after they added a boatload of new shares
4) The price went up without any news whatsoever
If we get a 50% haircut from current pps, we will be back at around $650k market cap (and around .0020 per share). Regardless of the insane dilution and negligence of management, the company has audited fins showing 40 mil + annual revenue, so I don't think the market cap will stay under 1 million too long before another orchestrated run up by a market maker so the company can sell a bunch more shares at a higher price. That will be bank time and is my best bet for this stock.
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