Don't believe everything you read on Twitter (or anywhere else for that matter).
It's true, there was a billionaire that showed interest in ELEK last year. That caused a brief but very significant run to $8+. That was short-lived and this was trading around a dollar for a time after that. I would not say that ELEK was being "backed" by this individual. For all we know, he may have sold off his shares by now. I doubt that he is sitting around waiting for this to move. He's probably long since moved on to something else.
I have not purchased any additional shares in a while. My next big buy will be when this hits a nickel later this year. There is some value here if they can get things going. but for the time being, they are stalled. IMO, this will continue to slowly erode down into pennies. I have a boat load already but am waiting for this to drop to five cents or less.
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