Base on the market depth report, it shows $5206.95 and 3,730,000 shares left in the sub penny. At the current moment, it will take 3,735,000 to get to 2.5 cents and 3,740,000 to get to 3 cents.
From the negative comments, it probably persuaded some investors to sell their shares. But majority of the investors are still keen on holding this equity long term due its high probability of success. Let's discuss probability, let's say 10% comes from investors with weak knees, 30% from day traders or scalpers, and the remainder from MMs. If you do the math, 40% of the 3,735,000 shares equates to 1,494,000. If these shares are sold to long term investors, we only have the remaining 2,241,000 shares left on the ladder to 2.5 cents.
Think about it everyone. I'm not here to manipulate shares nor I am here to entice you into buying shares into a company with false hopes. You have been provided with research and you have done your own due diligence. Doesn't it make sense from a profitability perspective to invest in this company?
Just to refresh your memory, here is the link to the latest Webinar with John Diaz discussing their business operations and model, and answering questions from shareholders.
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