Integrated Cannabis Solutions Inc (IGPK)

[pauljack13]

There’s no need to over analyze it.

This particular stock was pumped and dumped. That simple. Major whale investors and MM’s made it go up. They were probably planning a nice move higher but they found out about the R/S. They weren’t working with the company. They probably were going to let it go up until the actual “news” came out about the merger.

This company could very well be a real company. Maybe they thought it would be cheaper to buy a crappy shell on the OTC, clean it out and use it for a reverse merger. It might have been cheaper than a SPAC or maybe they like the less restrictive nature of the OTC. But first they do a reverse split, dilute the value of the existing stockholders, then issue new shares. Once this fact came out, the pump is over.