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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (58535)	11/22/2016 11:03:10 AM
From: Elroy	Read Replies (2) \| Respond to of 78750

Last trade - .60 cents Schwab says it has traded about 1,200 shares, so at 60 cents that's about $700 worth of stock. It appears to be bid 65 cents, and offered at $1.70. If you liked it at $1.20, ya gotta love it at 60 cents, if only they could file their financials! Anyone have any idea what happens next with a stock like this? Do they usually eventually file, or sit on the OTC for years, or each case is unique? I wasn't expecting a "we can't get the filings in" announcement. As I understand the founders have 70% of the stock outstanding, they've got the most at stake to get the filings up to date.