the reason behind going public is usually to raise funds, they did announce that they are looking to pay 89k of debt
from DD , we were able to see that the equity raise started on March 21st to start paying off the debt...
March 21 volume - 73,969,000
March 22 volume - 41,094,200
March 23 volume - 52,607,000
March 24 volume - 60,834,300
March 27 volume - 59,565,800
March 28 volume - 100,002,896
March 29 volume - 86,697,104
March 30 volume - 173,333,696
March 31 volume - 109,946,200
April 3 volume - 102,306,896
April 4 volume - 178,891,296
April 5 volume - 41,932,700
April 6 volume - 48,475,469
April 7 volume - 47,630,600
April 10 volume - 164,976,600
April 11 volume - 102,882,896
April 12 volume - 32,305,300
April 13 volume - 727,613,229
2,205,065,182 shares traded (2.2 billion shares traded hands)
roughly 2.5 to 3.0 million dollars in trading volume,
we see that there could be a very good chance that they raised the funds for going DEBT FREE and also additional acquisitions
one of their latest acquisitions called for 100 million shares
cant help but think that its near the end,
also when vndm sits on the ask selling first, remember, he is entering into the market by selling first,
he will have to buy to cover, hence you see VNDM sitting on the bid at multiple levels today....
if he gets stuck with any type of additional catalysts, that can also cause some upward pressure....
after a large 115% move the other day, i think we need to expect some of this
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