Everything I post is JMO and I appreciate your feedback. FYI, I am not an expert in stock trading and never professed to be one. However, I like playing penny stocks for stocks that appear to have potential. With the advertisement of the ICO in addition to Oracle appearing to take DRWN under its wing to develop the blockchain, that alone seemed to be enough to trigger DRWN well out of trips, perhaps even to one cent. But alas, not to be. The ICO was a dismal failure; of its $50 million target, it achieved sales of only one tenth of one percent, and that was at a 50% discount. Regarding Oracle, I’ve read no recent news in just what plans are being implemented to develop the blockchain and as far as I can tell there is no news on the horizon. As far as the patent is concerned, typically it takes over a year and a half for approval. I know nothing about Ricky Bernard, other than he is the CEO. The last news I’ve been able to find about DRWN is dated over two months ago, March 29, 2018, in which Bernard “… take[s] this opportunity to update our shareholders regarding the ICO process and earnings guidance outlook for 2018.” (https://globenewswire.com/news-release/2018/03/29/1455630/0/en/Quantum-Medical-Transport-Inc-Shareholders-Update.html) Since then, nothing I can find, and that concerns me because I’d like to know where the ICO currently stands as well as Oracle’s involvement updated. My opinion about DRWN? Dead stock trading. And until I see the price rise well out of trips and holding above that price, my opinion will not change. However, if I am wrong, I will be more than pleased to devour a large plate of crow.
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