I like the way we are currently trading. This is better than last week of ONLY BID action, and the PPS dropping. It appears there are more shares to convert BUT the seller is waiting on a buyer. Maybe an agreement between Paul and the seller have been reached? It is obvious there are more shares in the float than there were in the First Quarter, but that is expected, heck we started out with 10m in the float, and 50m o/s, mostly restricted. Those shares are quickly becoming UNrestricted. Then you add in the 150 a/s, that we do NOT know how many of those that have been converted over to the o/s.
But one thing is certain, so far we have held this .008-.012 area, which IMO is bullish. That is why I added more shares yesterday, and hoping to add a few more shares down here in the penny area, in the upcoming week or so. I think this has the potential ONCE the selling is completed to bounce back to the .015-.02 area, which from current PPS, is a nice ROI.
Now if Paul actually has been talking to the large corportations, this PPS may get up to a nickel or a dime, that depends on a a lot of different things for sure. But Paul does NOT have any credibilty now IMO with the investors, and yes that is his fault for not having a plan. The PR's are going to have to do the talking, and so far nothing to intice folks to buy more shares from the company atleast.
But there is still money to be made from current PPS, the chart indicates that IF the selling is completed, or near completed, we should be at the bottom here at the .008-.012 area. That is what I am going by. As always just trade this stock. Remember it is a pinkie and we all know that. Do NOT fall in love with this or any other investment.
Have a great day all. I will be adding more in the upcoming days, for those that do add, best of luck. For the ones that do NOT add, do NOT complain to me, when the PPS does bounce back up, and the BID creeps back up to the .015. Because once the selling stalls out, you can bet the MM will jump back on the BID. L2 looks amazing, heck we are TWO MM away from the .0295 area. That is very bullish. Just be patient wtih the seller, because now IMO is the time to buy. Then dump some shares at .015 and ride the free ones up, or cash out.
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