Friday, July 28, 2023 11:21:45 AM
The main reason why many OTC stock are .0001 is the insane amount of stock overhang, little to no access of capital from tradition sources, the only money that can be borrowed comes from loansharks or offerings that ensure future dilution. Most, but not all, have very little revenue. Most, but not all, have Preferred Stock that pays dividends in form of common shares. Most
Owners of these pennies own very little common shares but all the preferred.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM