Price is being manipulated while volume is low. It has been shorted pretty heavily since mid jan. Shorts have been actually covering most days last two weeks. 24% of todays sales was short covering. I suspect when bond money comes through this will take off. If shorts haven't covered by then it will compound the ride up. Can't wait. This company is making all the right moves. When " the lid comes off the price" it will fly. IMO
I'm afraid that the recent sell-off (Ok, I have seen worse sell-offs!), could be due to the new status of BION on OTC Markets - http://www.otcmarkets.com/stock/BION/quote
OTC Pink No Information
WARNING! This company may not be making material information publicly available
Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. Companies in this category do not make Current Information available via the OTC Disclosure and News Service, or if they do, the available information is older than six months.
OTC Pink No Information® includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
I have asked Adam for a comment on what's the reason for this warning, but I have received nothing in return yet.....