A lot of money is traped sadly on several tickets on the OTC market, lowering the liquidity, for ex. $CYBL - $HMBL - $LTNC , $GVSI to name some of the ''cult'' stocks.
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I do think there is a big problem with the “cult” like cultures (look at the root word in culture) in certain tickers in the OTC. Usually this manic fanfare is backdropped by highly questionable fundamentals, even for OTC, like LTNC, how many dozens of billions of shares? I’ve brought up HPIL in the past too, just wild valuations on crazy share structures. Even when TNSP was first running, they had ONE paid article and a website, all of the rest of the hype was the people
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Hopefully Squak can help with this. People need a place to talk about stocks that doesn’t turn into a team of cult bulls fighting with a team of toxic bears 24/7
“Trapped” is one word… We shall see the outcome. $LTNC could become an important example of why fiduciary duties, corporate assets and shareholder transparency matter in the OTC market. Shareholders supported, promoted and helped grow this brand for years. Now let the facts come out and determine what happens next.