Replies to post #13896 on Biostax Corp (BTAX)

[Ronin]

The R/S will most likely happen, but it may not happen for weeks since FINRA employees are working from home and SEC is running skeleton crew.

Here's the deal... IMUN has thrown their hat into the ring hoping their flagship drug can be a contender for a vaccine for COVID 19. Many small pharmas have done this. However, IMUN actually HAS a drug that's been tested through and through.

Chances are, the stock is going to run because volume has increased all week. People will take the chance that the R/S won't happen for weeks due to a backlog of work at FINRA. But we have no solid way of knowing for sure. Soooo, welcome to the CASINO!!!!

Remember, most people FLIP penny stocks. Unless they are generating steady revenue, you don't MARRY them, you just "DATE" them. Then dump them like the crack ho you were with that one time you'd like to forget! (But I digress...)

I've see R/S stocks run before on good news and/or potential. But here's the deal... if you buy IMUN tomorrow at .01, and it runs to .03, who cares if it R/S. Here's why:

If you have 1,000,000 shares of IMUN worth $10,000.00 and the stock R/Splits 1:1000, you will only have 1000 shares, but it will be worth $10.00 a share which = $10,000...

You're not losing a dime, unless of course the stock plummets when the news hits, or after the R/S is done...

Now... instead of paying .01 cent, a day or two from now, IMUN could be worth .05 or .10 cents. And you're gonna kick yourself if you didn't buy at .01 cent.

If you have 1,000,000 shares at current price (.01) and it runs to .05 cents, even with the R/S you will still have 50,000 dollars...

CEO says they want to up list to Nasdaq. That's the reason for the R/S. They must feel pretty good about their Chronins medication and COVID 19 potential drug... or the SOB is lying! But Mike seems to have much better credentials than most. It's all a gamble, bro!!

[Ej23ny]

My apologies!