it was manipulation...this is a low float and if few guys get together we can have a bumpy ride...that's probably what happened yesterday
They tried to pump it after hours and failed miserably and they'll do anything to pump this tomorrow so they can get out of this because they bought little too high after hours and got burnt..
seen it in many companies... First people say oh that's just authorized shares and should matter but later it does a lot of damage.
What's their agenda with 75 million authorizing shares is a mystery. perhaps time will tell.
Also, this came down like a rock after a heavy trading after hours..Volume is big for this thinly traded stock. It looks like these are all new shares ?
Something is not right. will keep watching
I see it going under $2 in few days imo
and this year this is still at $0.03
congrats to those who sold at $0.18 from $0.03
Those who thought this would go to $1 from $0.03 were just clueless and dreaming.
and also we have $16M + in cash
That makes up our 50% of the market cap.
No worries. Let these fearful shareholders sell. I'll accumulate.
"Be greedy when others are fearful, Be fearful when others are greedy"