Train, your hopeful enthusiasm is compelling, but you know the reality. DPLS has nothing. Dennis now claims he's quoting multiple potential targets in the Middle East...the same claim for years. But you know they perform thorough DD before considering handing over a purchase order. >>
For many years, Dennis has been all about "Our technology is superior to the competition." When the company he's quoting asks him for a couple company names they can research for proof -- he's painted in a corner >>
"Well, we've never sold our superior product to anyone -- there is no actual real life data to refer you." What's next? If the quoted company agrees to be the first company to try the DPLS product, they'll need to verify if DPLS can deliver. They won't trust and believe Dennis's hype and fluff like trader53 does. Their DD will show >>
$900 in cash, no manufacturing capability, two employees (counting Dennis), a mountain of debt, the current funding raise used only to cover operating expenses and to pay off a $2.5Bil debt due to a breach of contract. I can't believe DPLS is still in business. As you pointed out, DPLS is a flip only. Buy .0008's / '0009's and wait until trader53 and Dennis can pump hard enough so they can cash out at .00014 / .00015. >>
A reverse split of 1:100 is the only way this gets to a dollar. But I suspect GHS Financial will demand Dennis executes a 1:1000 reverse split (IMO). But also as you pointed out, the SEC and FINRA are likely investigating the past fraudulent behavior by Dennis. His lies surely haven't gone unnoticed. The list of shareholders reporting Dennis to the SEC keeps growing. FINRA is unlikely to approve corporate actions. >>
But all what I say doesn't matter to OTC traders. All they care about is more mindless pumps by trader53 and a "push" by his followers in order to cash out on a 3 or 4 tick flip. "Trader53 is inbound" -- "I love this company" -- "I trust this CEO" -- "I'm loading" << too funny!