I've been following since 2013. Company is real, products are real, and if pre-financial announcements are accurate (no reason to believe them not to be since for several years the company was simply quiet), this company is undervalued by a lot.
How undervalued? it's not clear, but not only did recent corporate update project low-end 2020 revs estimates at $3m, it reported over 2m for the last two years and sufficient funds to operate without changes to share structure.
Someone has been trying hard to load the past two weeks while pretending not to be interested. It's been amazing watching almost zero shares change hands for weeks as no one bit. Hands were forced, culminating in friday's activity to keep the weekly macd from curling since there's no intention for the weekly chart run to end.
I believe we're at the end of a sustained tree shake, during which almost no one bit. Retails are sleeping on this, hence the lack of ask-side activity. This speaks well for current shareholders; many future buyers as the market wakes to this gem. S/s is amazing and float appears locked up. Once we clear the 10m block at 10, we're going to see little resistance into testing new highs.
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