Copy of a post made on iHub backing up a warning i
Post# of 6908
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Indeed - especially since the new interest traders / alerters + long-term traders with significant followings as at October 17 numbered at least 85 - up 10 in the previous 7 days. One of the new additions has 160K+ followers - the top 5 alone have 278K followers.
As a result, 305.7M shares have been bought up in the current bottom range around .0040 > .0052 in 22 trading days September 22 - October 21 - 36.5% of the low Unrestricted Outstanding Shares count- for trading later at the following points:
- Prior to OTC QB uplisting - when the bid has to be maintained above .01 for an extended period.
- The correct market cap price in 2021 - for what is already an $11.5M company on a pro-rated basis on sales to date - which is .02+.
- The much higher correct market cap price in 2022 when revenues will be up to 8 x that of 2021 - depending on how many of the 7-10 collectibles companies are acquired and how far the nationwide expansion of the NFT Division gets in year (2 signed artists up already in 2 weeks).
Definitive DD here extract from the main forum here:
[link to abridged iHub version of]
https://investorshangout.com/post/view?id=6264127
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.