What you forget is that the CEO could announce something at any time and change the direction of the chart in an instant! That's the chance flippers take and sometimes it works and sometimes it doesn't. That's what makes OTC much different when it comes to charting, versus the bigger exchanges, because it is so news driven.
Fact is, the CEO stated the following last week:
“We have no current plans to effect a forward or reverse split of AEPP’s common stock. We will continue to evaluate the establishment of new operations with the goal to attract external financing and allow us to ultimately seek listing on a more-established trading venue, which we believe is in the best interest of our stockholders.”
“We continue to evaluate options which we consider to be in the best interest of AEPP’s stockholders. These options include an offer to the stockholders of Oncolix to acquire all of the outstanding stock of Oncolix and merge the two companies. In consultation with our legal, tax and financial advisers, we intend to finalize the terms and conditions of such offer during July 2017. Of course, there can be no assurance that such terms and conditions will be acceptable to the stockholders of Oncolix.”
I like where this headed & will remain long & wish you the best flipping it, but we can do without implementing the fear tactics to drive it lower to suit your trading style. Anybody that falls for it hasn't been around much. Cheers!
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