IMO this will go lower and smolder until the name change or close to it in which there will be another run. After the run reaches 3 or 4 hundred % sellers will sell for profit which will cause the same thing to happen that is happening now. Once that fire or spark is gone then we will have a RS since the share price did not get up into the pennies like was hoped for by investors and the company.
Common since tells me if I own a multimillion $ brick and morter Company and have done a merger to bring in multimillion $ income then the share price should reflect it.
As was posted ealier this week Companies that do this same sort of work are trading at $25 PPS. If the merger, name change and anything else does not drive this baby up and I mean major then I dont see anyway out of a RS since the company will have to do what is needed to show PPS at levels that are a reflection of a multimillion $ company. Now the share price is like saying I am worth $35,000,000 but I wont be able to go tonight because my Ford Pinto is in the shop.
I own this stock and hope this thing goes off the charts but its going to take some major ASK slapping and news on a regular basis and the longs holding everyshare and picking up more when possible. This Company has great potential for investors once the name change,merger and so on has passed. Still holding will see what happens.
