As you can tell from the PPS, and by your own concern that the company had/has only $9k cash, that they more than likely sold a bunch of shares to raise some cash, this is why companies go public. Yes the PPS dropped, for a day or two, as the selling was absorbed, and the PPS sprang right back. They have been churning better than 50K dollars a day since inception, and many days well over $100k.
SO what have we learned? We've learned that public companies sell stock to raise cash to pay for services that they need to get the company moving.
This could be a total scam, I don't care. It could be a few swell guys trying to make it in prospecting, I still don't care.
Full disclosure, I haven't purchased any stock in this company, but the reason I heard about them was through Ihubs Plus1 bitcoin promotion. I'm going to follow them, and if/when I see good shit, I may buy, then I may sell at a profit or loss, or I may not, or I may personally expire in the interim, know what I mean?
Happy trails, and good luck in your speculative future =) because life is speculative, and there are no guarantees that either of us will even wake up tomorrow morning, know what I mean?
Very good luck to you, and don't pass by opportunities based on a lack of experience, just be quick when it comes to penny stocks ok? =)
Told ya.....
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