I'm sure you know institutional investors cannot i
Post# of 9122
The exception is semi-private hedge funds who are reputed-with operational evidence- to play low pennies-but almost always on the shorting side- who are supposed to give notice to their investors
same rationale with conference calls-nnlx is also limited due to the limited info publicly available in an otc no info stock
if nnlx were otcqb or higher there would be much more liquidity and investment etc
but since the vast majority of low pennies are rather quickly destroyed by toxic financing -NNLX has instead chosen long term survival via a bare bones extreme cost cutting operation because survival comes first-thus 2013 -2014 financials showing CEO loaned the co 100k and meanwhile he couldnt finish his house and as far as we knew officers were not selling their stock based compensation
its very difficult to bring bio tech and mining operations to a successful conclusion unless the entrepreneur is independently wealthy
the hope -before covid -was to achieve net revenue via patented petri dish sales despite the blockages of established networks
this approach-survival first-has its own costs- one of which is the difficulty in raising substantial sums via stock issuance-the otc non info status -is what causes the very limited stock investment pool while attracting shorters and other mutants
they need an investor to break this cycle-in a world without white knights the options are usually pretty limited- such as toxic financing and overbearingly bad joint partnerships which usually destroy a company equally as fast
so they are depending on patented products (and patents are expensive-thats where a lot of the money goes- and take a long time) which actually have vast utility if there are other companies out there with vision that exceeds their mutual blackmail/kickbacks established trading partnerships.