a while ago...
I said the bottom would be around .20. I no longer think 20 cents is teh bottom.
It could go lower... MUCH lower.
for the following reasons.
- the PP didn't get filled and issues raising funds
- Still no production. Wasted time with Gen 3 and cash with nothing to show after their 1yr + of testing
- Canceling the NISR
- Samples sent.. and NOTHING out of those samples. no contacts no off takes.
- Company has little funds left.
- PYR issues (I don't follow pyr at all but seems they having issues)
No pumping is going to save this. They really need to get some production or cash coming in to turn this around.. They been pumping and making promises since 2019 and 4 years later not close to making any money at all.
The Market has spoken. Insiders bailing and selling. I am thinking of selling and moving on but maybe I will just wait and let this go to zero.
Looking bleak....
THE one good thing is BT options is priced at 1$ so he needs to get the stock up. He just doesn't know how.