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StockMedic1

02/18/16 9:04 AM

#13981 RE: Penny Stocks 2.0 #13980

I agree. The company is out trying to raise "big boy" money, not OTC BS death spiral, variable rate, 40% discount money. I understand that the process is a long one, especially if a company plans to uplist. I think no news is good news right now, because whomever they are talking with would NOT want them to disclose that. There are a whole bunch of non-disclosure rules the company must follow during funding negotiations, and lets face it, most news by OTC companies are solely designed to pump the stock. Most long term investors don't want that, and neither should any of you, except for 2 other posters.

They just went out to introduce the company to the street last week - you can't expect a multi-illion dollar deal that quickly, and to announce anything right now just to appease us shareholders like that now, could kill it. I have all the information I need from past filings and disclosures as well as press releases. I know where they want to go, and I have chosen to be patient.