Replies to post #15032 on GSDT Fintech Group Inc. (GSDT)

[Loose Change]

hey, sterling,

Investors and traders are all welcome, lots of people have different styles. The advantage here is that if a trader gets caught in a down trend he can just sit back and wait because this one has a bright future. It not a matter of if, its when with EVRM. Anyhow, Im glad you enjoyed it.


Later

Penny

[Steady_T]

If EVRM moves to a higher exchange other than the OTCBB you can pretty much count on an RS as part of the process.

Even in these tough times the higher exchanges have minimum price targets to become listed. With the present number of shares outstanding getting the price up to $4 for the Naz is going to be very difficult. That and most MM's don't like to see so many shares outstanding when a stock is initially listed.

Not all RS's are bad. I have seen a few that the share price does go up to the new RS price and continue to move up from there. That is the exceptional case, especially with Pinks.

If they do an RS and then up list immediately there is a much better chance of the price holding and then rising.

EVRM isn't going to going to move up to a higher exchange before the end of the year. They can't get the 15C211 done and get fully reporting that fast.

I do expect them to become a fully reporting company as a first step in moving up to a higher exchange and that could occur sooner.

My preference is that EVRM stays on the Pinks for a while, becomes a fully reporting company until the price moves up to .50 or $1, then does the RS and moves to which ever NAZ exchange makes sense at that time.

It's a lot easier for a stock to move from .04 to .40 with 700 mil shares outstanding than it is for the same stock to move from $4 to $40 with a 70 mil shares outstanding, even though both moves represent the same percentage increase in share price and would have the same effect on EPS and P/E given the same income.

FWIW

Steady_T