Another good example of how traders of this stock got played. Look at the December 28th dump, the day after the press release down 70% by January 4th. Then look what happened on January 5th, it stopped, opened at $0.002, closed $0.002, volume nearly 51 million shares for the day. Then Monday January 8th, wow, high was $0.0038 on 116 million shares traded for the day. Opened a little higher the the next day on nearly 43 million more shares traded before starting the multiday sell off. By January 16th it is down 32% from the close on the 8th, 45% from the high that day.
An astute board member discovered a twitterverse promotion that occurred on the 8th, their post linked below. Could it be that someone accumulated the bottom of the sell off Friday the 5th and pumped it to their followers on Monday? How did they know that the dump was over? Nice work if you can get it. 🤣
The insiders will continue to take your money in my opinion. Pump and dumps are illegal so what is the difference when we see a company collaborating with toxic lenders in promoting these share dumps? Who was in the know and was able to pull off the twitterverse promotion?