I'm not so sure about the consolidation now, without some hard numbers showing growth I fear a sell down by all those who got shares at .001 and .002.
currently those who got shares at .002 would have to wear a loss of 50% to sell at .001 but if we consolidate selling at .019 is only a 5% loss, while those who got .001 shares will find it much easier to get out with gains of 50%+ and who would take that.
i'm interested to understand what you mean fitz by "the .001 trap"?
just to qualify, I do think we need to see a consolidation but first I'd like to see some growth in revenue to please the market, reassure holders to prevent a sell down post consolidation. One of the good things is at this level, we can't get sold down much further.
QNA Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
