Correct MoneyForNuthin
Audited Financials, 8Ks, news
Correct MoneyForNuthin
Audited Financials, 8Ks, news releases, and a whole lot coming. I've mentioned previously that the Stop Sign is of no concern to me and everyone invested in IORG. The stock has risen from as low as .05, all the while with the current status. The reason for the pullback and consolidation of the last four weeks is because there is currently a block of stock being sold and absorbed. It is an unfortunate situation for the selling entity, as it's the worst time to liquidate. Prior to this block coming to market, IORG rose from .05 to a high of .975. I have to state that these are NOT shares being sold by the company or management, and it is also not from any convertible debt, simple a very sad situation. I have been tracking the backprints (T trades to some) since the shares began to be liquidated on May 5. To date it is just under 600,000 of backprints. I'm only guesstimating due to the increase of the size of backprints, but I believe those shares should be completely absorbed and the selling over during the next few days. I would then expect the stock to appreciate sharply. Fingers crossed!
I suggested to many friends to keep their eyes on RGFR as its Stop Sign came off with the first 8K which was filed just about two weeks ago. Since then, there have been two additional 8Ks and three news releases. RGFR has since appreciated to .83 from the low .60s from when that first 8K was submitted. There will be a lot more coming for both RGFR and IORG over the next few weeks and months. Both are a longer investment for real investors, with a mindset of 12-24 months out. As long as management delivers, I believe those holding will do very well over time. I will begin a minimum of weekly updates in another week or two to include the chart and technicals. GLTA
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