Like all penny/pinkyland stocks EDWY needs to go to the .000X range in order to continue being an active stock. The price per share is just too high right now.
What keeps all these scheming pennystock/pinkyland companies going is that there are always investors/gamblers willing to buy shares in the millions, thinking that just an increase of a penny can make them a lot of money and even rich millionaires.
So the illusion of having million of shares is the one factor that allows the penny/pinkyland industry going and making tons of money for MM's, insiders, devious promoters and deceiving organizers of investment clubs.
So it is necessary for EDWY's price to go to the .000X range so millions of shares can easily be bought by the greedy naive investor seeking his/her millions of dollars.
But they consistently lose by buying at too high a price and then averaging down to try to break even or make money.
It is a vicious cycle that has gone on since the beginning of penny/pinkyland investing.
The only way to make real money is to buy in the .0001-.0002 range wait for a run if your lucky enough and then sell and forget about that particular stock.
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