The only reason I don't buy in under $.20 is because I don't have the funds liquid. The entire float of a company with products in the stores, offices staffed with real humans, a race car on tv, etc. is about $1,000,000 at the current levels.
Now, I've had, and still have, my share of concerns. I would assume they're at least paying Bill Davis Racing, or the contract would have been terminated. I don't like the prior racing lawsuit, but let's face it, they had some money problems and probably still do. What startup doesn't. I doubt the court will award $10MM, I bet they eventually settle for the small amount of time involved.
But look at it like this, there were 2.5MM shares right after the r/s. The company issued about another 2.5MM thereafter under what appears to be the merger with Pharb, etc. So, let's say those shares were sold for $.50 average, that's $1.25MM. I'm guessing here, and being high with the numbers.
So do you think they did all this to split $1.25MM between about how many people? Do you seriously think that they don't want the products to catch on?
Read all my old posts about this company (which I primarly posted because I believed Hayter was still pulling strings). Everything said then was ignored and everyone bought it all up. But if anything, the company's prospects have improved, and now people are saying how it's a terrible company.
But what alot of people want is fast money instead of an investment. I think that this is a high risk "investment." It's something you put a couple thousand dollars in risk capital in and you see in a year how it's progressed.
Maybe if all the flippers get out, then we can pick up and hold some shares at a decent price. Then when good news comes, we can see how it goes up since we won't be selling.
Good luck to all.
Market Data 
Markets 
AI
