Well, if there is good news in the PR on the test results, then NIR will likely be able to sell a whole lot more shares... and if there is bad news, $0.0001 in the blink of an eye, and then, either there will be no bid, or the news will be followed by an immediate R/S with the same old, same old in the scheme to rinse and repeat...
Otherwise, if they figure "the jig is up" on the particular scam being operated here, they'll just pull the plug on the enterprise entirely, expecting investors who've been scammed will give up if the stock stops trading.
If management are good guys, or not... should be revealed handily enough by how things evolve following the next bit of news...
With good news... maybe they will figure a way to refi and dig out from under the dilution and price suppression schemes of the scammers. If, instead, there is another reverse split, instead of a lawsuit filed by management addressing the fraud for you as fiduciaries... then management are participants in the fraud.
The fact is that the financiers here can ALWAYS print shares and suppress the market price of a share with the limitless mass available for that purpose. They can do that faster than any company can create value... and they can suppress price using market power in spite of the company's ability to create value, thus destroying their capacity to create value...
Not like there is actually much mystery to it, is there...
Heads you lose, tails you lose... with "success" in the business only altering the timing and the pace at which the fact you've lost is generally recognized in the market... while "success" will end up altering the scale of the $$$ that will be made by the financiers from diluting at an accelerated pace, to the degree "success" in the business is interpreted by investors as meaning there is any connection between that "success" and the value of a share...
The value of any share is a variable... with change up and down a normal part of shifting market perceptions, or change in demand dependent on market perceptions with some lagging factor. The convertible note scam adds a new variable, in the pace of dilution with an open ended and limitless counter value flow, thus ensuring that the averaging of volatility in the trade imposes a "one way flow"... of value from you, to them...
Since there is no ability with the convertibles to have any accomplishment matter, when accomplishment would otherwise lead to investment success with the increased value in the business being reflected as a benefit that accrues to shareholders with higher share prices... the existence of the bottomless pile of shares that are able to be created and sold... is not able to be anything but a fraud... fully dependent on fostering the expectation there IS value attached to a share... when there is not.
The convertible note fraud kills innovation by substituting the economic value of success in innovation with the economic value, and its one way transfer, inherent in destroying potential by choking off the ability to access capital, while profiting the financiers, only, from the sale of an endless supply of wholly worthless shares...
The above, just in case anyone had any lingering doubts about my thinking re convertible note scams... and how they are destroying the market, and the economy... by killing the market basis of the function of the engines of market innovation.
.JPG)
.JPG)
