I dont know Hurtszz, the low volume is keeping the trading so thin that it can move up or down 25% on a few trades worth a few dollars, its kind of awry and keeps long term investors away because the chart is basically broken. I cannot imagine why the Ask was over 1 million shares at .0009 all day and then once those were bought out, some seller came in immediately after and dumped a hundred thousand shares or so at .0008 and .0007, it just does not make any sense if we assume it was a real seller of real shares wishing to get out. Buyers were buying up all the .0009's, why would the seller not move up to .001 to sell a few more hundred thousand shares?!
I would think at some point any holder who wishes to sell would finally be staring at a price low enough to not want to sell any more shares, but what the heck do I know?? I think once the pps begins to recover back to the moving averages and volume comes back the technicals should draw more into desiring to initiate a position but who knows when that could happen. I think the November election period promises to be a good time for the stock to make gains but no one knows the future.
"News with substance", yes, yes, mmm, mmmm. I agree, news that is not forward looking promises but instead realized progress of accomplished goals would hopefully bring about better stock trading action, but its not guaranteed if the volume remains low. I myself appreciate such low share prices as I continue to accumulate, however I also often think about the overall health of the stock and right now its basically broken and dead. I think a large part of that is the ongoing DTC T4T chill that remains unaddressed by management, the lack of transparency as in zero quarterly reports or financial filings (10k, etc), and possibly the fear of buyers about the possibility of continued future dilution. I think management is doing an extremely solid job on growing the business fundamentally but I also think many details of which investors typically value is getting left behind in the wake of the fast company progress. Distributors and marketing will grow supply chains and contracts and therefore sales and revenues over time; that will come. What shareholders need to be on-time and without fail are the financial filings and reports that are required by the SEC and the OTC markets. Uplisting would be an amazing accomplishment but need the audit to happen before that can even have the possibility of becoming a reality. What happened to the audit? Its been months. :-(
Sometimes you need to run before you can walk, but sometimes you need to crawl before you can walk. Its important that a micro cap start up occasionally takes stock of what they have accomplished or have in the works at the current moment and be weary of becoming overextended. Growth is the primary way management can build shareholder value, but along the way its important, in my opinion, to also provide the necessary details that enable the stock to catch up to the underlying progress of the company, like filings, for one.
Do or do not, there is no try.
$RFMK!
