Phil, .065 is a tough spot to break through. This is because COWN the market maker issuing the diluted shares have been sitting on that price mark a lot.
The price mark will move up and down relative to current market price.
There is a certain amount of shares to issue at a specific price/range.
Once COWN vanishes, that is a tell sign that dilution is most likely over. After that happens we should all expect a natural rise with normal movement, not these share bundles getting absorbed after hits.
If Tau proves success then we will be off this market. But as of right now there's not much we can do about it. Let me ask you this, do you really want to take a chance a pull off a yucky fat r/s and risk the stock price failure after. Or wait until Tau results are in and stock price is around .25-50 and have a much better chance of pulling off an R/s at those price levels, with millions of barrels backing us.
Keep the faith people!
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