Lmao, nobody with half of a brain will touch this pos. i bought and lost 10 cent on a stop out. Broke my onw rule. Bone head move by me. But the real bone head os anyone who bought and held this scam.
I fully believe this warrant deal is for the benifit of the knowing. Between options and warrants they have put in some money. And if Maximum convert also this year will produce a very large run up.
Over the 50 day moving average early today. Only to fail on heavy volume. What hedge funds what convert a warrant nearly 50 percent underwater with a declining moving adverage. For that matter what investor would ? Chart is not pretty right now.
I come to laugh at u, 5 years pumping this donkey. Down about 10 dollars a share and calling someone a idiot. YOU LOSER !!!!
Right now as we sit, I would think no one. Lol. They will have to get stock price way up before dead line. They know this. So I expect something to come out. I welcome anything that would get the stock out of its current down trend, trading below all its moving adverages.
Thinking this out could be ugly. I believe they will release news to make this more attractive. But if they put out 59 millon shares, and the stock drop to .30 like it looks to be heading to. Pvct will get delisted. That will be bad. With stock price below a dollar , Nyse can delist at will. Dangerous times for this company. On the otherside , they are putting their own money in. Market not biting on this fact. Crying wolf effect, to many times on same play. I have my fill count i wanted, know just hope they can pull out a deal.