Always bringing up 0.003s! It will never happen! Pipe dream at best! And why do they says statements such as this which are unfounded? Think about it! I guess its better than saying To Da Moon 100 times but there is strong support technically which gives such a scenario a VERY LOW PROBABILITY IMO!
The reality is this is is still trading sideways and it is starting to become a very rounded bottom on daily the chart if you look back to the last 6 days. Notice the BIG buys today at bottom. Its obviously going to start reversing shortly. Its a good sign because there is a void space to fill to 0.032 and its over due for reversal.
This stock is staying above the 50 day moving averages and the 200 day which is 2 levels of MAJOR support and what you look for in uptrends. The 50 day is now 0.0176 compared to 0.016s days ago. Looks like NEWC is going to slowly move up staying ahead of the 50 day moving average which is an ideal stock break out overtime.
Best part is the weekly 200 MA is providing support right at 0.0176 and is a double bottom pattern. This is just the minor rest until it breaks. I am calling end of February this will be over 0.032 and experience a BLUE SKY BREAK OUT! Weekly still has about 3-6 weeks before a golden cross which is an even better confirmation of an uptrend.
Waiting like everyone else and I do believe the 10ks will be out by end of February! Then I will remind everyone for the next 6 months! Whats fair is fair! Eye for an Eye!
The catalyst for the next MAJOR run will be the 10ks, FDA orphan drug status, Coal mine operations beginning and Coal Aggregate operations starting! The environmental permit will be approved for both the coal mining and rock aggregate crushing operations simultaneously as one environmental permit. This saves time versus having two independent environmental permits and to my knowledge the coal mining environmental permit has already been extensively reviewed and field visits conducted so I dont expect it to take more than 2-4 weeks to get a simple yes or no answer to start coal mining operations.
The auditors HAVE confirmed the 10k is in due process. Only a matter of time until this company is fully compliant again. That alone is worth 100% give or take in share price just for the accomplishment!
I hope the OTCQB is next after filings so the company can attract institutional money. Then we ALL can have that run just like OWC$! FDA orphan drug status pushed OWC$ from 0.003 to $1.00 and it will probably go to $2.00 by end of the year. NEWC even with triple the shares should beable to do a similar run at 1/3 the price which is originally why I bought this stock but the coal mine is worth more than OWC$ or NEWCs MMJ weed!
Anybody notice that we as shareholders may get a dividend on the FDA orphan drug status? It was mentioned in one of the PRs about potential future dividends. PPMs should be close to done to raise the money for the MMJ FDA Orphan drug studies! TIC TOC TIME IS RUNNING OUT!!!
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