You are correct about the increase in PPS. During the entire GameStop fiasco, many OTC stocks got noticed. One even ran from pennies to almost 10.00! UAT Group was one of them. There really wasn’t any news from the company out at that time to cause the run up. In fact, Alex was currently moving everything to UCIX at the time. But, then everything changed.
The Hedge funds and MM’s started pushing back, causing the OTC Market to correct itself. Many new investors pulled their money out and went to Bitcoins. That’s why that market has been so hot!
But, now the Bitcoin market is cooling off a little. Hopefully, that money will return to the OTC! The next couple of weeks can be very exciting. It’s looking more and more like the timing of the financials and the return of investors to the OTC will be perfect!
Alex is a very smart Man. Maybe this is why he has delayed filings? Don’t know about you all but I’m am very excited!