ABATTIS didn't give shares away.. It was 600K PP four moths ago and it was announced by company legally to shareholders. So 12M shares were freed up on Monday. We have 10M+ in three days which is unusual for our acg volume, plus ATT:CNX has been higher on volume since last week which is also unusual if you check our volume history side by side.
Conclusion, my guess is that today was last day for those shares being dumped on us. Tomorrow will tell me if I am right or wrong.
People sold in panic because of this PP since there is no solid catalyst for market to hold price higher.
There is one more granted shares placement left at .45, I don't know how many though.. Small amount I guess..
ABATTIS has given all transparency to its shareholder with these pp etc. it is shareholders' responsibility to read and analyze things.
To me it is still 10x return from today...even 2x is good enough in real world..
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