This stock is purely a speculation at best. It has no real value at the moment. In fact many otc stocks are just like it. They are also very volatile. A 10-20 percent move can happen often for no apparent reason.
This particular stock has the possibility of having some value at a moments notice, and that is why it is trading as high as it is. It could be down 95 percent tomorrow and it wouldn't surprise me.
When you trade these stocks you must have a strategy. I expect 8 of ten of these stocks to lose money, but I also expect "two in ten" to gain 1000 percent or more. I speculate in many stocks like this one, but I invest the same amount of money in each one. I don't get attached, and I don't put all my eggs in one basket. Just my Idea and just my opinion. Good luck!
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