You asked what happens next about news we already know...dilution on steroids is what happens next.
The stories are not impacting the share price - attracting the average rabid pennyland investors mind that's glued to all things pot mining crypto and covid.
Will the uplist change the momentum...who knows? One would think it can't get any worse, but Au Contraire.
We've seen this movie before and hold onto your derriere. We need 5 times the market cap from here to break even.
Double up the share count and you're talking a 100M $ market cap to break even here for pre-split/"consolidation" shareholders.
The picture being painted going forward is like (k)night versus day between the long's and the newbies.
In other cold hard truth words - 500% upside for newbies is break even for longs. That's how far over the cliff underwater the situation has thus far become.
It will likely get much worse before and/or/if it gets any better for longs. Meanwhile, none of us are getting any younger.
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