Monday, October 17, 2022 1:40:12 PM
The only thing that is going to raise the SP up that high is great news AND good solid financials. Like an EUA for Covid treatment. Monkey Pox oral test EUA. Cancer test phase 3 approval AND Alzheimer’s test phase 3 approval (so much great news people will ignore the financials). Or phase 3 approval of one of the tests with a noticeable uptick in sales. I would say $8,000,000 in revenue without higher spending. That would point the balance sheet in a very positive direction. Approaching profitability. Basically losing a lot less money.
The RS and up listing launched on the strong boost of news like any of those events. Could be a force multiplier. People see real progress. Real numbers. And a few funds jump in. I believe all of the shorts have to cover during the up listing. And last, I could be making this up, I have heard it many times from different people, mostly just amateur investors. But never really researched it. I believe it is harder for shorts to play dirty on the bigger boards. More rules. More people watching. So less shenanigans. More stable SP.
What I would appreciate someone explaining to me is what happens to the 4 billion approved but unissued shares. Are they reduced proportionally with the RS? Or does Todos come out the other side with 4 billion shares and a $5 stock price?
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM