Just refresh yourself on the background imo. High-tech products are literally going to market by the hour ;) imo this company is too legit to remain sub penny like this forever. Have some faith :)
If the ceo remains silent then I think it’s an indicator that he’s ok with the price going down. The reason I say this is because a lower pps most likely helps control the end o/s post merger. This gives the company the ability to issue after merger and after news at be pps. I could be wrong but it makes sense if you look at it from his position and from the position of a long term plan to uplist.
If company uplists with small o/s and float it has more control over what the pps will be going into their uplist on the NYSE and NASDAQ. If we were him what would we do if the goal was get to the big boards as fast as possible? To me his plan is becoming a little more obvious by the day but I am the first to admit I am speculating.
We don’t have enough information to really figure things out for certain. It’s intentional I am sure because they don’t want anyone knowing everything yet and working against them.
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