RE:RE:More news! Precisely, I'm not expecting that today's news will "take us to the moon", but it's yet another great building block that should definitely boost investors' confidence. This week has been amazing: increasing weekly covid testing to 300% in the film industry, winning the bid on $40 AI government project and announcing plans to uplist in the first half of 2022. What a strong start of 2022 and Q4 2021 and Q1 2022 are not that far away!
Investor10X wrote: Awesome news! Although it was always the expectation since investing in the company, but none the less it's nice to hear it officailly. Keep in mind this is not happening tomorrow, so the stock will continue to have it's ups and downs, there we still be plenty of opportunities to continue to accumulate shares. Currently the stock is overbought, but news and enthusiam can certainly trump the TA.
We have all known for a very long time that this stock has been manuiplated and kept down. The price has never reflected the current or future revenue stream. For six months the stock has traded sideways at 1x trailing 12 month revenue or below. Meanwhile companies in debt with little to no revenue trade at multiples 15, 20 30x.