Traders like myself are really tired of hearing the same NASDAQ narrative when clearly they don't qualify for many reasons. The LOI for the Centurion acquisition is just another of the type of deals that has destroyed shareholder value here. Traders have come to believe that this is a game where Jason simply trying to separate traders from their dollars without offering an opportunity for them to make money.
This company really is in better shape than when it was trading at the post split $70 level. Of course that valuation was last February when traders in the OTC had lost their minds. Still, pre-split valuation with this dropping as low as $1.70 is into the trips with pre-split 1.7 billion shares outstanding. The contempt for shareholders early in the year is really biting now. If he keeps this up or actually releases a PR trying to close the Centurion deal, this could easily go to a buck in my opinion. He would be better off using their technology as he has for a fee. Shareholders won't stand for him to squander their money anymore from what I see.
We are on our way! $200 a share soon. LOL I would love for OTC traders to lose their minds again and push this to $5 let alone the previous $70, $200??? Only Seeking Alpha could manage that calculation, probably straight from Matt.