Pump or not, this stock is heading to .10cents base on this news. Forward split is very good news, many OTC stocks go up 100 to 500% after the new released. We should see big time rally around lunch time. Good Luck
LFBG was doing well, but short sellers got into a few months back. In one day the PPS spiked, then tanked. The number of share sold was 3 times the number of outstanding shares. After the carnage, the PPS hung out at .02 when it had been above .06. The owner/CEO said that if the PPS didn't come back by christmas, he would do something to make it happen. Initially he was going to buy back shares. I guess he decided to give this a try first. At any rate, a recession send people to churc, and this is positive themed video games. I am betting a good christmas even if the PPS doesn't go back from this.
all that may be true, but earnings will sustain any price movement... absent real eps, price will drift down and more shs are now available to trade, meaning more volatility and potentially wider swings, good for traders, and headaches for investors!!! when co performs, stock will follow. I view this almost like a gimmick! all that said, I don't mind being wrong, I'm long!