I think the stock will see 0001 in the near future.
The more I was hoping that the CEO might not be forced to consider R/S as an option, it just seems that it might be the only way any smart investor will give the company money
Most investors don't like to invest in a heavily diluted company because when time comes to sell their stock in open market, they all want good returns. Now if a stock is already at 0001/2, it presents huge challenges and the only investors interested in the stock are ones who do bulk business or as we popularly call them 'loan sharks'....they don't care what pps the stock is at...they buy stock at 50% discount from current market rate so if the stock pps is 0.0001, they give funding in return for a pps of 0.00005, which means that even if the stock goes to no bid, they will wait till the stock has 0.0001 bid and unload
It is sad to see that this stock is doing so bad while the company product is making progress in the market and the company seems to be set on target to make $1 million revenue this year.
I still feel this might be a good lotto buy at 0.0001 or even a decent ROI at 0002 but its just my opinion
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