I am certainly not the most experienced guy in the OTC ... what is happening here is all new to me.
When a ticker is hit with crushing dilution, the interest drops, volume drops, t-trades stop, etc. The company then goes "dark' and ceases their filings. On the OTC, they go from Pink current, to a Yield symbol, Stop sign, and then some get the "Skull & Crossbones."
The dilution here is big ... check. But there's still volume and buying off the Ask, albeit it's at No Bid. And they're still current with their filings.
The Q3 10-q should answer some question in regards to the SS. Hopefully, MMEG has a plan for that next year.
The buys the last few days, and today, have mostly come from VNDM's & BMIC's bank. They've taken big hits, but their wall remains the same. I would love to take a peak behind the curtain and see how much they're really holding.
GLTA
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