What I find funny is that on ALL these OTC schemes is investors have this amazing notion that things will be all better when an event is upon us. Mothers day will make it all better for jewelry, 430 will make the MJ stocks all better, Teslas need for batteries will make the lithium stocks all better and so on.
The only aspect of ANY and ALL OTC tickers is not sales, products, fundamentals, structure or even validity, it’s investors who want to believe they have a chance when they deep down know they have no chance.
These stocks do not emerge to make a company thrive and post amazing sales; they EXIST ONLY to sell you worthless shares. The OTC is no more then just a non-regulated, non-government advertising platform where schemes advertise to see who can take more of your money through good old fashioned BS.
The sad part is investors will never stop investing and losing money on these schemes and so they thrive and keep emerging with investors believing they will make it back on the next BIG ticker play.
If BRGO does in fact break record sale against all competitors in a store that is smaller then my kitchen, they will have to sell a $39 pendant and net $100,000,000 worth to get the 10,000,000,000 shares to a market cap of a penny. But the situation is again, WHY sell products when they can make more money selling shares?
The stock is not going to rise anymore, too many issued and in the float. The only thing now is to liquidate the existing debt linked shares with no price increase and once the dilution is over the scheme shuts down.
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