And R/S before the company buys its $2m worth? Ballsy in your face to share holders. I assume they are fighting to keep the Nasdaq minimum price. Not a good sign after the acquisition news, but could be massive potential if they pull off a few good Q numbers..
"We're going to buy $2m worth to pump it up and insiders can sell out, then crush it with a 50:1, then buy back on be cheap"
Best case scenario is a killer retrace after the R/S, A week from tomorrow.
800k float will be impressive if the price tanks hard and settles.
Do they make money?
.13 to a $6.50 price per share. This next week is worth a follow.
It's in my watch list,