Before the AS increase to pay off the Svorai brothers, I’d say V-POR had a better chance of skyrocketing due to the recent rejuvenation in the CBD market lead by Coke’s interest in a CBD drink. There are tickers that have blown up in the past month or so just with a mere mention of a CBD drink in a PR, but alas these guys are too damn lazy to figure it out.
We’ll see what happens with their Reg A.
When this ticker went to $1 there were several factors that converged simultaneously that lead to the pop — most importantly it was a fresh reverse merger that came along at the height of the crypto boom with a little more than 2M OS. The share structure has substantially changed since then — AS was recently increased by nearly three fold which means there’s a lot of dilution down the road (as is generally the case with Svorai tickers) and OS now stands at 50M and float five times what it was then.
This ticker recently had its best news along with $50k in paid promo’s to push pps, and yet it hardly moved the needle since debt holders and insiders here are always selling into any news.
Next is OTCQB uplist news, and name change — that’s assuming FINRA will finally approve their corporate actions since presumably they haven’t been processing these requests in the past year because of toxic lenders on the books labeled as “bad actors” by SEC, and unless they cook the books (2 V-POR auditors were suspended before delisting from SEC reporting) I don’t see anything of substance with revenues short term...but then again the bar is currently set at ZERO. That said, it still wouldn’t justify a $50M (plus) MC for a shell with a CEO who has a clear history of ultimately destroying his shareholders.
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