Well basically what happened was a three stage company awareness campaign was scheduled to begin in August. We got that first stage of the campaign, and the stock churned nicely up to .018 or so. There was some nice company news and some people were starting to take interest. However, the 2nd and 3rd stages, which involved the meatier news, more sites coming out on it, and a big celeb endorsement, was all put on hold when the company's big tech item, their cloud channel tech, was delayed. Then, I am assuming because of those issues, the ceo either resigned or was let go. Reggie James, who was in charge of Digital Clarity, a subsidiary of RTGV, was names new CEO. That is something I called to have happen a year ago, so that was good news imo. He has come out in the past month and said that a number of new and exciting developments are about to happen due to changes he has made in the tech.
However, due to cloud getting delayed this fall, tax loss selling, and now it appears to a small convertible note hitting the OS (about $50 K I believe) the stock has been in a free fall. Tax loss sellers are selling for nice losses, a small amount of dilution appears to be occurring, and the buyers are waiting until the new year as they don't want to help the tax loss sellers anymore than they have to. So its a perfect storm. But we got the OS just 10 days ago or so, and it was 197 M. It was maybe 167 M a year ago. So it hasnt been much. At 200 M, that gives it a market cap of what, $280 K lol? This company did $600 K in revs last year as a startup, and Digital clarity alone is expected to do well over a million this year. If any of the new tech comes online, and Reggie is promising it will by end of January, all kinds of new revs could be added to that, along with some major deals with their partner Aderra and that celeb endorser. I could see if the OS here was 1 Billion, but at 200 M, this is WAYYYYYY oversold. Of course, it could go lower, who knows.
But I expect towards the end of this week and starting after the New year, this will start to rebound in a major way as tax loss selling ends, the convertible ends, and company announcements start to pick up again.
