Post by
dart321 on Sep 14, 2023 8:20pm
Critiacal Things To Watch For
before you invest into a micro cap stock. #1- look hard at thr reps of the insiders, #2- Insider share holders, who owns what, #3- the number of share held by insiders, #4- Daily trading volume, #5- Consistant news releases. Insiders here own 16.5% of the paper and almost all is held by one person, that is not good what you want to see is all insiders owning paper. News releases are something seldom seen here another red flag, there should be news atleast ones every two months with updates monthly. Trading volume should be atleast 1% of the float per day here we see less than 0.0001% per day another red flag. Insiders should have a large number of options, here we see nothing another red flag. To me it appears they started this company to give themselves large wages and huge consultant fees. This is the reason I do not think they will be in business much longer because of the changes in the pot rules in Canada and the U.S. Their personal piggy bank is about to go broke in my opinion.