OriginClear Inc (OCLN)

[fareast555]

Yes and No.

If a company is doing it just to pump up a stock with no underlying value, then yes. It's bad.

In this case, the company already has one huge solid order for a 1$M, and orders in the pipeline. The problem is that they don't have the $$ to scale up fast enough to keep up. And as they teach in Business 101, the fastest way to get killed as a start up is to be underfunded when you need it.

This R/S will consolidate shares, while at the same time moving the stock to a big board and getting the price up -- all things they need to have large institutional investors even consider them. So it's a good move.

The only downside is that for the people who took the risk and invested early on, they will never see a huge gain, which is why most people do OTC trading. But it will still be a great profit for those in early.