Day Traders The NR today was fantastic and represents the fact that in spite of missteps with some of the other NRs, Rob is driving the company toward significant revenues. I suspect day traders were caught off guard as suggested by a relatively low volume and all sorts of quirky trades to depress the sp before it has nowhere to go but UP. The last trade was for 500 shares!
As was expressed, Therma Bright has NO responsibility for sales of Venowave except to their exclusive distributor in the US. That contract was already signed and sealed ....and now the devices are being delivered ....in less than a year ....in the midst of significant supply chain chaos.
https://stockhouse.com/news/press-releases/2021/06/28/therma-bright-secures-us-distributor-dme-authority-for-its-patented-venowave
* The multi-year agreement provides Therma Bright with a $10 Million annual minimum purchase commitment, with the initial signing order of 5,000 units.....
* Morningstar's Fair Value sp at the end of market close yesterday was $.38. It is currently considered significantly overbought and overvalued above $1.70.
All signs point to an exciting second half of 2022 ....today's NR was just the beginning.
GLTE ....who are HOLDING patiently!!!