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Saturday, February 11, 2023 6:26:58 PM
Say, one ever bought 10M shares at $0.0030 (i.e. $30,000 cost) recently. Now he/she can only liquidate those shares at the New Bottom $0.000001 (i.e. total Mere $10 cash proceed before commissions) due to "No Bid At All" status quo! Which means "selling the shares now = throwing the money out of the window or 100% Loss"! So, liquidating-NBVG-now is completely MEANINGLESS"!
However if he/she could hold those shares until NBVG going the coming "Pink-Sheet" tier again then he/she could Easily sell all the shares at its recent high $0.0053 (i.e. $53,000 cash proceed before commissions)! Thus he/she can Easily collect $23,000 profit plus $30,000 principal!
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