You just miss quoted me. And made me look at original post. Because when I looked at the chart, I did not see a pond fishing play chart, I saw a drawn out accumulation. Telling me insiders know something, but not they are going for a 10x pump & dump.
So I checked pinksheets for whats going on and found the company is one of those rare birds, which look successful, as a pink. They actually have assets $2 mill and profits, $50k. They just issued their 1st financial report in June and increased the Auth shares for funding. May not have announced it in a PR, but they did in their Interim Financial Report. So a pennylander which knows how to do real DD should know, along with insiders. And management probably caused the late May volume surge and friend & astute pennylanders, the 2 smaller volume pops in June. Accumulating before funding action. http://stockcharts.com/h-sc/ui?s=BFHJ&p=D&yr=0&mn=6&dy=0&id=p58307417176 http://www.otcmarkets.com/stock/BFHJ/financials
The 1st financial report and increase in the AS tells something should happen soon. Looks like they are planning another expansion, which will require new capital and getting their books in order. This means VCs, that means there will be a large amount of common for sale higher soon.
IMO your interested in one of those rare exceptions to the OTC/pink rule. I've posted about them before. The ones which must use the startup system of finance to grow their business, but are not scamers. The guys that have to get in bed with the devil to try to succeed.
Yes I wouldn't walk away from this one. But not because it's going to be a pond fishing play. There is going to be a new run, which could be a Temp Job. If they get the right VC to fund them. The key, as usual, is FUNDING anouncements, any funding talk at all. It was in the Interim Financial Report, but should be PRd about also. Thats what will draw the retail herds interest. New capital for a New direction. Then the manipulated small price pop/increase, to seal the herd in the valley.
Because weather legit or not. Their going to have to do the funding dance, to get the funding. You will see accumulation (insiders & friend know the future) and a price pop. To prove to VCs price can be manipulated at will, for the VC ROI up front.
Your looking for the pop. There has been the accumulation. Once common changes hands. The VCs will buy the run. You want to be around then.
Never know, could be some time, maybe soon?
As one of my grandaughters says. I likie That. Everything has an "IE" at the end of it for her. LOL
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