Likely next week to the week of February the 1st we'll move out of trips not today or tomorrow.. nobody wants to buy the .0009s and today even today nobody wants the .0008s bad enough to clear the remaining .0007s. So from that, we know .0005s 6s and 7s is as far as it will go, maybe possibly grazing the 8s again at the most..
I don't expect any blockbuster news to be honest... or even if it's good news, I think the market is expecting some multi-million dollar revenue generating news... so even if it goes up to .0010 - .0015... to keep it there and higher, there has to be a solid plan of growth or revenue generating updates conveyed to the market to bring 10s of thousands in dollar buys. 100k gets you 100 million shares at .0010, so I won't be surprised to see buys ranging between 50 million and 100 million shares traded per day.... but the news has to be good... otherwise, we'll stick to the 10 - 30 million, which we see today, and profit takers will be flipping the momentum from 00.teens back down to .0008 - .0010....
The news better be good Ken.... 👍 your small pool of shareholders are counting on it.... otherwise .0001 - .0003 is not out of the question. Try diluting 2.6 billion shares at .0001-.0003... you'll get 300 - 800k, but your shareholder sentiment will be crushed for the remainder of 2024, at which point even the idea of a share buyback will become a joke, and a reverse split will be inevitable.... So you see, it doesn't make sense to dilute if, on one hand, a buyback is discussed, a reverse split is off the table... but what cards does Ken and Leslie hold in the other hand? A Royal Flush? A pair of Aces?
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