Of course, .02 centavos is freaking ridiculous!
If I were to take the helm of a pubco, just about every Tom, Dick, and Harry I know would throw a minimum $5-10K at it. And $10K is good for 500,000 shares…
At that rate, $100K would move this back to .20c in a hurry. Remember, the float is roughly 120,000,000 shares.
So, either the head honchos at SideChannel (and those associated w the company) have an extremely risk-averse inner circle—real belt & suspenders types—or they’re broke (I jest).
Or maybe it’s something else.
Waiting is fine too.
Reporting Q soon.