134 consecutive Days below 5 centsYou would think that, with Zimmee and MaterialWorld cheering every 1/2 cent move up, this stock is a good one.
Unfortunately, the FACTS don't see it the same way:
On October 16th, right before the second of many defaults that caused RLV to be under Regulatory Watch and a CEASE TRADE ORDER, the stock was at...
5 Cents.
Then, for 134 consecutive days, it has failed to reach that again...it has languished below 5 cents for MONTHS.
Up next: financials that always come out first week of March. Next week, in other words.
Do they default? Or, do they come honest and show:
1. How they raised funds to keep the lights on: I predict 50-100 millions shares of dilution, with at least 1 warrant, with a 5 cent strike. In other words, confirmation this will never cross 5 cents.
2. Absence of PPE deals, and laughable sales of both e-commerce (Bioganix) and hand sanitizer.
3. No mention of LeefyLyfe, Krill Oil, VisionPro, Push & Pull or Biocannabix progress.