I am unable to understand why this is being held at around 10 cents. Who would benefit by ensuring that the reverse split happens at a ratio of 1:40 or more.
What's the game out here. Clearly the volume does not make sense to me. There are other penny stocks trading more with nothing on the horizon.
Yeah Pasta, I can appreciate the idea of being held down and controlled right now. Your other sinister plan revealed of APDN and SmartWater merging after the R/S is plausible too.
Unfortunate in either case. Mr. Big pointed out a 60:1 split would bring us to around a $6 pps, that would provide us a 30% pillow to lie on for a while.
Dunno. But you have me thinking about it. Agreeing with you on the low volume playing against the hand of external collusion. Just not enough shares being traded to risk criminal penalties.
The timing with SmartWater certainly raises an eyebrow. Glad you brought that up.
OTCC exchange was down to 12% of the retail market. 71K trades over there. Two more days. What's your call on the ration in the split soon coming? VR mike
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