Replies to post #28422 on GenTech Holdings Inc (GTEH)

[PowerHourStocksAlert]

Worried because the asks continues to get slapped. LOL. 4M volume on a 35M float in the past three sessions. Doesn't look like it's slowing down. Can't continue to push this volume on this tiny of a float without seeing a move. Especially when co stated more share reductions are coming...

[EasternTimeZone]

I agree, you don't see many PRs bragging about reducing Authorized Shares by 80% and the Float by 50% after doing a 1:7000 Reverse Split.

Please explain how reducing the value for stockholders by 95% is good for stockholders.

Because CBD???

https://www.otcmarkets.com/stock/GTEH/news/GenTech-Sharply-Reduces-Authorized-Shares-by-80-Floating-Shares-by-50?id=228614 .<---- there is the mega news for OTC. You do NOT see these type of PRs often. The volume continues. What happens when the buying pressure continues for greater volume than what you assume was loaded?