OLB Group Inc (OLB)

[Prudent Capitalist]

OLB has until April to come back into compliance by trading at $1.00 or above for 10 straight trading days as it did last time this happened. It should not be trading down here based on its historical trading ranges. And, with the major event approaching with the spinoff of DeMint into a pure
bitcoin play, and with Bitcoin currently soaring to new 12-month highs, once the record date for the spinoff is announced, and investors realize they can get the dividend and own 2 separate companies in the end, the share price should move up smartly. After all the FinTech portion of the business, which represents the vast majority of the company, is very strong and it has only been the purely non-cash depreciation and amortization charges against earnings in the Bitcoin area of the business that have resulted in the requisite reported losses.