That's possible, OJ, but it makes more sense to follow the money. Who benefits financially? With uplisting investors receive their NGIO shares and a 1:1 dividend. I'm being sarcastic here, but that means you get double your shares. With the retired shares, your share price does not get cut in half. Who wouldn't want to take advantage of those opportunities? It has to be some entity that believes they can make money if the enterprise fails. There may be a personal component to it, but I doubt that is the primary reason for this sudden price manipulation, steady downward trend in the pps, and increased volume.
There is such a lack of transparency with OTC stocks. Uplisting cannot come quickly enough. Thanks, Captain Obvious. LOL
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