Over on iHub, one or two of the clueless are just beginning
Over on iHub, one or two of the clueless are just beginning to realize that a group has probably loaded this and might run it up at any time regardless of any action or inaction on the part of the company.
Of course, in parallel, there are developments ongoing in the company - as recently posted by thedocg and myself - and it is likely, in my view, that POW Folio will show a significant network-linked advertising revenue (as posters on You Tube receive) + profit from ZWAG Box sales in year end financials that should be out early next year.
What the iHub detractors are currently getting wrong - because they are mostly blinkered holders of $REDG rather than active, full-time specialists in trading daily at the bottom end of the OTC market - is as follows:
The O/S and A/S of $REDG do not debar it from running over .0010 towards .01 if there is enough interest - most people piling into a momentum run do not bother or have time to check. The biggest obstacle is the handful of people who have placed sell-orders at .0002 (to get money back out at a loss) or at their break even in the higher .000xs. Some may cancel when they realize their error over the coming days / weeks / months.
$REDG does not need to do a reverse split.
There is no pump and dump in progress on $REDG - there is no promotion and any group that has gone to the trouble of loading 4B+ shares at .0001 - and other savvy traders who have been following developments here since July 1 - are not doing it for a few ticks - see details of the last run up here at post # 1315
The O/S and A/S are not significantly different now to when $REDG was last run up to .0008.
1
Red Giant Entertainment Inc. (REDG) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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