Nice post. I've personally seen a lot of OTC stocks manipulated and treated like second hand stocks right up to a few weeks AFTER product launch.
I'm no expert as to why that happens but I know it's typically blamed on market makers and toxic financing etc.. We don't really have any toxic financing now so will be interesting to see.
On one hand I see this going up considerably come august but on the other hand I don't until nationwide roll out. Other concern is there's too many individuals with enough shares to have a considerable impact if anyone sells all at market price.
Ultimately I try to see past the storm and see past the short term. Company has announced they have no intentions of a R/S so time will tell how this is handled and timing is key with launches.
One thing I feel confident in is that the company is well aware of the erosion and pent up frustrations many of us are experiencing and I believe that's the reason for the PR firm Spelling Communications and the reason we are supposedly fast tracking our roll outs.
And what makes matters even worst is that we have BILLIONS of fresh printed unrestricted shares waiting to be dumped on the market! I will be damned if I hold this POS after mid August is it does pick up by then! If the company would lay off the share dumpage then maybe by some miracle this POS can hit .10+! But I seriously doubt that! The price movement here is way too wild and unpredictable! We should see a major dump before August! Mark my post! :-(
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