Ask yourself: for a stock with 2B shares AS but only 65.375M shares fixed float and 204.7M shares fixed OS (possible just 96.675M shares OS) why in the hell the new CEO wanted an huge R/S (1:1000)? IMO, that was settled up for a quick reverse-merger deal or up-listing MCII to OTCQB tier! We just have to wait until that happens... Of course with any kind of slapping-at-the-ask ($1.00 now) MCII will quickly bounce back to the multiple dollars area! The recent high was $14.2 with the same fixed SS (see the chart below):
MCII was traded at $1.3 ~ $0.8 ($0.7 was fake or manipulation price with just 1~2 shares traded) right before the R/S. After the R/S almost all the shares were traded at $1.49 ~ $1.5 (except 91 shares at $1 and 13 shares at $0.55) before 09/26! How could MCII suddenly crash to $0.38 (24% lower than the previous all time low $0.5) which is 52.5% big decline from the Pre-R/S low price $0.8? Anyway I was trying to buy at $0.38 ~ $0.45 and no any fill at all! Did anyone here have any luck to steal some cheap shares at the new all time low price $0.38 yet?
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