Investor psychology 101: obviously my opinion from watching the market for 40 years.
Penny stock status = high risk. Business plan being executed transforms PTSC from penny stock status to a dollar stock albeit still on bulletin board. Dividends, dilution reduction, assure investor that company will reward investor. Buys in at 1.50 because continued dividends and “potential”. Less risk than when a penny stock and just as much reward. Additional contracts are signed and company begins to look legit. Starts climbing to $5 per share and new investors are convinced it will go to at least $10. Company announces plans to go to Nasdaq or Amex, giving new investors more hope. Price hits $10 and new investors are buying at $10, convinced that $20 is within a year away if they continue to sign all the new customers they say they will. Hope continues to grow. And IMVHO, that is the path we are on if we don’t stumble. Arrogant lawyers like we had from NY will cause us to stumble. Pohl is smart. Brian is smart. We need a business plan that takes us well beyond being a $2 stock. Perception and hope with a little capitalistic greed will stir the frenzy … But we need revenue. The more the better.
2 cent, 4 cent, 8 cent, 16 cent, 32 cent, 64 cent, 128 cent, … can we do it in 7 months.