(Total Views: 261)
Posted On: 01/22/2020 4:46:21 PM
Post# of 7802
As I said earlier:
https://investorshangout.com/post/view?id=5633641
Kyle is no longer taking private placement purchases and this is beginning to show in the market price.
Looking at the charts shows that the price started a more dramatic increase in price in January. Around the same time Kyle quit accepting PP investments.
This has three positive affects for the company.
1. Kyle now has more time to run the company instead of constantly trying to raise money to fund the company.
2. It means the company is currently financially secure which is a very good thing and is usually a very difficult to achieve situation for a penny stock company.
3. It pushes the price of the stock up as those investors go to the open market to buy their shares instead of buying them directly from the company.
So I'm glad to see it.
https://investorshangout.com/post/view?id=5633641
Kyle is no longer taking private placement purchases and this is beginning to show in the market price.
Looking at the charts shows that the price started a more dramatic increase in price in January. Around the same time Kyle quit accepting PP investments.
This has three positive affects for the company.
1. Kyle now has more time to run the company instead of constantly trying to raise money to fund the company.
2. It means the company is currently financially secure which is a very good thing and is usually a very difficult to achieve situation for a penny stock company.
3. It pushes the price of the stock up as those investors go to the open market to buy their shares instead of buying them directly from the company.
So I'm glad to see it.
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