RE:What is the catalyst for a higher stock price here?The macro environment is not constructive for microcaps right now.
BEE will be fine. They are executing and are making strides every day. Thinly traded stocks are easily manipulated and are fighting uphill until they can show consistent revenue growth with imminent profit.
Catalysts for shareprice appreciation are consistent with the things you stated:
Regional expansion via partnerships
Regulatory approvals
Application validation
Trial to Revenue conversion
All these things are happening. BEE much like other stocks in the early stages of commercialization dont go up in a straightline. Sometimes I wonder why investors get so pessimistic in a bear market when the company is executing so well. Even the FAANG or ARK stocks have slid considerably..
Fortune favours the bold and its time in the market, not timing the market.
Give it til next March at the latest.. you will see a definitive move either way.