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ChestNutz

07/17/15 8:50 AM

#19774 RE: threadworth #19767

It's possible but doubtful they are 'holding fins back' to coincide with news. Have you EVER seen a company on any exchange OTC or otherwise blow past the 15 day extension they filed for in a nt-10k in order to fall into delinquent status and receive an SEC warning/notice that there OTCQB status will be pulled in 12 days IF they do not come into compliance by reporting? Would this be a wise and sane strategy or is it just more likely that they are having trouble gathering and reporting financials in a timely manner and if that's the case WTF can they manage this company at all? But let's take your hypothesis and apply it for speculations sake and say they are holding it for better timing well I counter that IF the financials were very good they would release them and the market would react positively and then they could release future news in July and again the market would react positively. I believe that IF it is a strategy a) it's a poor one and b) they need to wait for BIG news or a big announcement to offset subpar revenues/costs and/or new notes.

On 7/1 STEV closed at .044
On 6/1 STEV closed at .063
On 5/1 STEV closed at .07
On 4/1 STEV closed at .0825

Note the above trend and the fact July close have ranged between .0375 and .047. You have lost half your money so why give them the benefit here in any way because to me it looks like a duck it walks like a duck and I'm of the opinion were not looking at a unicorn here. I think many here have rose colored glasses based on $1000s handed over on this play and at some point desperation arrives but c'mon man really it's not a viable strategy as no one has ever willingly gone into delinquency with the OTCQB/SEC, ever, for the sake of improving the pps! HTH.