Posted On: 03/23/2016 1:46:58 PM
Post# of 230
My expectations are LTNC like action for the next 6 to 12 months unless there is a black swan event here.
This company has about 2.7 million in CD that they are corralling but need to pay off and they don't have the revenue to get that done in a 12 month period of time. I think they will keep conversions from occurring though, and they seem to be committed to avoid an R/S.
IMO Since the float is so high, this will not see any big run (probably this last one will convince people of that), but will need to churn slowly upward as good news of progress is released.
I think it's a pretty safe (relative to OTC sub penny) long term play. I think buying .0001 and .0002 makes sense right now, .0003 probably will be the minimum in the coming months.
Release of reports is hard to judge, because the company is historically late filing. We will have to wait and see if they come out on time.
all my opinion.
This company has about 2.7 million in CD that they are corralling but need to pay off and they don't have the revenue to get that done in a 12 month period of time. I think they will keep conversions from occurring though, and they seem to be committed to avoid an R/S.
IMO Since the float is so high, this will not see any big run (probably this last one will convince people of that), but will need to churn slowly upward as good news of progress is released.
I think it's a pretty safe (relative to OTC sub penny) long term play. I think buying .0001 and .0002 makes sense right now, .0003 probably will be the minimum in the coming months.
Release of reports is hard to judge, because the company is historically late filing. We will have to wait and see if they come out on time.
all my opinion.
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