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Red Giant has recently gone from a stop sign to a yield sign shortly after they signed on with a new accounting firm, F&S. Also keep in mind that there was a private investor who recently purchased $50,000 worth of preferred Z shares at .01 and also the CEO Benny Powell has also been paying employees recently with preferred Z shares as well. Both events should show Investor confidence and should also show that Red Giant is working to get out of the sub penny range.
In my opinion, Red Giant is poised to move this week with all of the activity that it has seen this past week. Investors both long and short are realizing the potential here and they are adjusting accordingly. Keep $REDG on watch this week and the next month. Big numbers and extra news could come without warning boosting this extremely thin stock up through the sub penny range very quickly. Best of luck to anyone here and be excited for next week.