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Wesley's avatar

I've met David Jemmett back in May of last year. A very smart man! I'm loading up every share that I can! It's going to be a money bagger! Definitely going to hold long-term, it has a lot of very, very strict regulatory requirements within the DoD, so it is essentially backed by a promise for the future of Cybersecurity. Do your research. It's a win-win!

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Trav7B's avatar

Hi, thanks for your posts about this, i’m in on it because of you Miss Penny lol

Just wondering what do you think you think a reasonable target is in the next 2 months?

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Penny Queen's avatar

It's a pretty big range. We could see trading like we saw in December, but i think that would only happen if they make a deciding at the AGM this afternoon that will cause a new CUSIP to be issued for the stock. That would force shorts and any synthetic shares to dissappear. If the company issued warrants to shareholders, like they hinted at in my interview, we could actually see a squeeze.

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Penny Queen's avatar

So reasonable is $1.50-$2, but $5 is possible. Give them a few quarters of solid reporting with a great trajectory and 8x revenue is doable.

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Trav7B's avatar

Nice thank you so much for the response. So I'm not too well versed with the rules of Nasdaq, but they have a pretty reasonable amount of time to get back above $1 before they have to consider a reverse split correct?

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Penny Queen's avatar

One the get the letter they have 180 days and then they can request an extension of another 180 days. This is not on my list of worries

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Trav7B's avatar

Nice. I'm going long with you. I came across that post you made on Reddit and jumped in, and then I saw the interview and made me feel even more confident. Great analysis and thanks for looking out!

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Penny Queen's avatar

Thank you! I love deep diving into under appreciated plays

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Joseph Deniakis's avatar

How the hell can it be valued at 5 mill when you specifically say the float is at 31 million, that would put it closer to 10 million marketcap

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Penny Queen's avatar

You are absolutely right. When the exchanges catch up the corrected market cap would be atouch over 10m. It is still showing a bit over 5.

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Joseph Deniakis's avatar

Enjoyed the video, starting a position because I believe they will be granted 180 day extension

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Joseph Deniakis's avatar

Also it will be for a swing, once the extension gets granted this will double, but it will be short lived....also you ha e to realize the competition in the cyber security sector is enormous, lots of really big players out there that would love to watch this fail and have the money to make it happen

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Joseph Deniakis's avatar

I have been trading over 10 years, so I have experience, I can say there is massive manipulation in the market right now, more now than ever.....I tend to stay away from stocks with over 90% retail holders because market makers and hedge funds specifically target those stocks, they can drop a stock and know most retail will sell for a loss, institutional held stocks will push back against this while retail just complains but lacks the market power to do anything about it.....also I believe that some, myself included are worried about a potential stock split, if the stock stays down, eventually they will have no other choice.

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Penny Queen's avatar

I think they could get regular financing if they needed it now that they are profitable. As much as a higher share price could benefit them, a few quarters of proving themselves could get them there.

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