If this was a scam, it sure is one of the weakest attempts at one. Most scams on here have constant fluff PR’s fluff tweets, hyper active boards claiming the next big thing only to see the outstanding shares increase on large volume trading over a period of a few weeks or a couple months….that hasn’t happened here. Sure there was a run on hype and expectations early this year, but I think the highest volume day was what 20 million shares?
Since the high it was a slow trickle downward as those caught in the hype and were in for the trade made their way out as fomo from the next “play” took hold.
Yeah management has made some mistakes imo, there is plenty to critique for sure. But to think that all of this was done as a scam, then it was a failed one I’d say.
This could well be another OTC game, or not, we won’t know until we see it play out over the next year, but to think that if it was a scam and that’s all they intended to do at this point is a stretch imo.
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