Thursday, January 18, 2024 2:33:33 PM
The only way this works out is if they find a buyer. To stay tradable it needs filings.
There is no CEO. All assets are under control of the receiver, Jeremiah Foster from Resolute Commercial. His number is on their website. I haven’t been able to reach him yet.
https://www.marketscreener.com/quote/stock/ITEM-9-LABS-CORP-111314435/news/Item-9-Labs-Bankruptcy-Form-8-K-44384121/
https://resolutecommercial.com/our-team/
Jeremiah Foster
The company handling the sale are Sharp Capital Advisors https://www.sharpca.com/contact
If filings stay out of date and a buyer isn’t found, eventually it will move to expert market or be delisted
Lately blocks of shares have come onto the market. Some shares are bought, there is a small pop, people buy more in anticipation, then more shares appear and it moves down trapping those at the last level. RSI is screaming reversal but every new bottom gets diluted into
The RR if it does work out from here will be epic. But only put in what you’re comfortable losing
It needs:
- FILINGS
- NEWS OF A POTENTIAL BUYER
GL to all
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