RE:RE:RE:RE:Neutral NRsSmokey1958 wrote: With all due respect how does it drop below $.005? Right ...it can't. If you were such an expert "this exact behaviour .....", "I've seen it happen....." you wouldn't be here spouting on a micro cap penny stock, you'd be making your millions somewhere else.
The NRs were exactly as they were roughly a year ago ....same amounts, same press. So 1. no, this doesn't always happen and 2. it's irrelevant to the possibility of a R/S. They can't do a R/S with the sp this low and while these NRs while much better than nothing, are not enough to swing the sp positively.
I see that comprehending the previous post is not in your perview. Yes $0.005 which is the lowest value you can trade on the TSXV. Yes it can be lower than $0.005 post consolidation. I know crazy right smokey? $500 spent at $0.005 is $500 at 30-1 consolidation, and when as was posted that the stock price goes down from the post consolidation price then the $500 at $0.005 which is the least that can be bid on TSXV is less that the $500 spent pre consolidation which then translates to less that the $0.005 purchase price so Yes it can go below the $0.005 price. But then you would not be able to post a condescending post so I know why you would not tell the truth. BTW the liquidity issue that you said was needed at 619 million share is a failed issue, but then what are you going to do when your 1 million shares are condensed into 33,333,00 shares?