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tigerpac

07/28/23 11:21 AM

#34966 RE: Dingbatt #34965

You are overthinking this.

The main reason why many OTC stock are .0001 is the insane amount of stock overhang, little to no access of capital from tradition sources, the only money that can be borrowed comes from loansharks or offerings that ensure future dilution. Most, but not all, have very little revenue. Most, but not all, have Preferred Stock that pays dividends in form of common shares. Most
Owners of these pennies own very little common shares but all the preferred.