GREY:EPWCF - Post by User
Comment by
inviolablspiriton Dec 07, 2020 9:38pm
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Post# 32055395
RE:1$???
RE:1$???I didn't think we'd hit $0.25 until mid December. The CEO Steve McAuley figures we should be at least $0.60-$0.70 if the company was at HALF the market cap of it's peers and he seems confident that CBDT will eventually become a multi-billion dollar company. So the possibility to go beyond $1.00 is there, but that's really up to the institutions and hedge funds, etc... that determine the direction. With over 50 million shares traded today and over 76 million shares traded in only two days, I am definitely intrigued by the stocks movement. If large instituations are just beginning to take a position today then that means we are just starting our climb. You have to think that CBDT has popped up on a number of people's radar in the last few days with over 76 million shares traded today and last Friday.
It's certainly nice to dream that the stock takes off beyond a $1.00 and I suppose the possibility is there if you look at what happened with SONA back in April. The big difference is that SONA didn't have an FDA approved spit test and their test was not accurate. The Kai Labs (CBDT) test is FDA approved, accurate and tests for Influenza A & B and COVID. I believe trials were also conducted successfully on 2 or 3 continents. Keep in mind that movie and television productions require everyone on set to be tested 3 times per week and that the throat and nasal swabs can be irritating to the actors. Given that their voice is how they make their money, it will be a huge releif and a preferred method to many of them to be tested with a saliva test instead. Airlines and cruiseships will also be able to use the test. Being able to differentiate between influenza and COVID is the difference in returning to work in a couple of days versus two weeks. Think of the money that with save businesses and movie productions that would need to be on hold for two weeks if the flu is mistaken for COVID. The company will also be doubling up on their clinics very soon, you got telemedicine, CBD products, psilocybin etc... So much with one company.