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PENNY WATCH
(Total Views: 77)
Posted On: 10/29/2019 2:44:17 PM
Post# of 40529
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Posted By: budfoxfun
$ISWH shares could see some interesting action this week. The company just hit the wires with news that it has engaged a licensed CPA firm for the explicit purpose of conducting necessary auditing to ready the company for an uplisting of ISWH shares, moving the stock off the pink sheets and up onto the OTCQB “Venture Exchange” tier.

Given the company’s recent string of successes – EBITDA profitability, accelerating top-line growth, multi-segment expanding sales – this is possibly the most important step the company can take to improve market sentiment. The disparity between the behavior in the stock and the dramatic successes seen by the company can best be explained by a credibility gap.

In other words, investors simply don’t believe the company can possibly be doing as well as it claims to be because the stock isn’t rallying.

The Solution

The solution here is clear: transparency through a trusted third-party auditor and a rigorously earned uplisting of shares to an exchange tier populated by more sophisticated investors. This could drive some action in the stock as the market works to discount the closing of this gap.

This thinking echoes messaging coming from company management in the release:

ISWH CEO Terry Williams stated, “We are unquestionably in the most exciting stretch in this Company’s history. But we also understand that there is a credibility gap that needs to be closed. The Company has progressed to a point where it no longer makes any sense for this to be a pink sheet stock. We have a profitable enterprise with huge growth cooking across three segments. And we have several game-changing partnership agreements that will roll out well before year end. It’s important that we act with a genuine sense of urgency to uplist the stock now to ensure that these accomplishments are not overlooked by serious investors.” https://dailytrendingstocks.com/get-iswh-on-y...ng-shares/

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