Thursday, July 20, 2023 1:09:39 AM
This will never come back.
Every penny stock I have ever seen in this position (.0005 SP, Billions of shares) will eventually R/S.
A 1/500 R/S today will put the SP at a quarter. SP then quickly drops 50-75% within a couple weeks.
Then this thing will be under a dime and will probably follow the same sad trajectory it has for the last 2 years.
Seen this many times with OTC stocks.
The same disaster will occur here
In my opinion.
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