POPN - here is how this usually plays out in penny land...
Been in this situation many times before.
Some pump group is probably working with Mel already...
Mel is told to dump gently all the way to 0.0001, while staying silent, for maximum psychologic effect...retail herd panics and lines up to give up the entire float at 0.0002, and even some 0.0001s...people give up and throw their shares away...
When the P&D is READY, the group scoops up everything at 0.0002 and starts to push the price upwards...the group knows the size of the true float and Mel is instructed to not sell any shares, so once the float is bought up, it is very easy to push the price upwards...
PRs are prepared to be released at certain times during the P&D for maximum psychologic effect...suddenly there are POPN machine orders gallore, $100 million revenue "projections", etc...none of it has to be true. In fact, the P&D group may "buy" a few machines, for effect...
Ihub lemmings buy it all up, they always do. Thousands of email alerts are sent out...lemmings are now screaming pennyland and buying all they can at 0.002, 0.003, 0.004...and the group dumps their 0.0002 shares at 0.002+ during the messageboard induced manic frenzy...
Mel then spends the next few months riding the mania and sells shares all the way back to 0.0001...followed by an R/S.
I can give dozens of examples of this exact playbook...
The fact that POPN actually has a real product...means the P&D group doesnt even have to invent a product...making a P&D almost a certainty.
