IMO It was an act of desperation to keep GLNNF propped up above the 50ma. Just look at the chart.
They halted trading till the afternoon gapped it to $2 pumped the old news of financing based on $2.37 USD per share and the $5 carrot they dangle to get the future bagholders all excited that the pps is headed to $5. Also keeps the Long, long n strong so they don't sell as the former 2000% gains evaporate toward 300% gains. Only one major problem price ain't even close to $2.37 and headed the wrong way. Just delayed what is going to happen anyway. smart money left above $2.5 and the momentum went with it. Cryptocurrency//blockchain stocks have gone cold. The hot trade for the last 2-3 weeks has been the MJ stocks anticipation of CA MJ legalization. Profits from MJ rally will look for a next play. Will Blockchain rally resume, hard to say will bitcoin mania continue possibly if bitcoin never increases the number of mineable coins above 21 mil the price will recover. GLNNF about to test 50ma for third time. I don't see any catalyst. Putting out more old news or PromoGuy speel not gonna help. If the Glancepay APP is as great as the company says then they should have no problem landing a large restaurant chain. That would stop the price from continuing its downtrend. Piece of Cake right
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