Still at it huh? I don't think Nightfood can be lumped into your generalization as being like most penny stocks. Most penny stocks don't have a product or the product is very vague and may just be an idea. NIghtfood has product that has won multiple awards, is generating some revenue and has growing distribution. It also has many raving reviews by several groups, MoMs Meet being just one. Most penny stocks have billions of shares authorized with an enormous float. That is not the case with Nightfood. NIghtfood is likely to be the exception to your post.
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