Agree JD also, they could and should have done the placing at higher levels and it should have been easy to do with all the positive news flow.. I also agree with Glebe in what he as saying and reading the below obviously shows that their hand was forced for all the right reasons but it didn't need to be at this level.. It was always a longtime hold for me , so i just gotta suck up the short term pain of it...
"The Company guided revenues of £1 million in 2019 and four times that for 2020 to £4 million. Even with cash in the bank, a very low-geared (8 per cent.) balance sheet and profitability in sight, it is necessary for the Company to provide verifiable assurances during a client's due diligence process that its cash buffer is strong throughout the duration of each client's engagement with the Company. The monies raised will provide this buffer and enable this continued rapid growth of sales to many leading global skincare companies through the expansion of both facilities and employees. With the visibility we have of sales into next year, 2020 is already looking to be a good year for Integumen."
In the world of penny stocks, stock promotions are very common. So, what is a stock promotion?
A stock promotion is when someone promotes a stock. In a sense, you could think of a stock promotion as an advertisement of a particular company’s stock.
The purpose of a stock promotion is to drive interest to the stock so that it will attract investors to buy shares in the stock.
For traders that understand how promotions work, they can create profitable plays, however, for unsuspecting investors, stock promotions can cause extreme losses.
Understanding How a Stock Promotion works Stock promotions originally came about as a means to raise capital so that a company can continue to grow and operate.
The goal of the company is to create a strong investor base so they have the funds to grow the company.
When investors buy shares of a company’s stock it helps give the company the necessary capital to stay financed so that they can continue to operate and expand as a company.
Since very small companies are ignored by Wall Street, the best way to get the attention of these potential investors is to create advertisement campaigns about the company to attract investors so they buy shares in the company.
When very small companies are looking to get investor’s attention, they hire investor relations firms who then design investment advertising campaigns to generate exposure to the investment world. These campaigns are also often referred to as “market awareness campaigns”.
As part of the campaign these investor relation firms take part in promoting the stock themselves or sometimes they hire stock promoters to help spread the word about the company.
While these type of “more honest stock promotions” do exist today, a vast majority of stock promotions nowadays are now used as a means of making fast and easy money for very large shareholders and insiders of a company.
So basically in today’s world of stock promotions you’ll mostly likely find a stock promotion used to enable insiders or other very large shareholders to sell their shares of the worthless company for their own personal gain.
06/12/2019, 13:49 With a market worth $4.6 billion a year, the safety of hygienic tampons is a major target for #Labskin testing. This ??@NewsMedical?? article showing how #Labskin has been used for safety assessments of tampons. news-medical.net/whitepaper/201…
As #Rinocloud was originally supported by Chinese investors, #Integumen is well placed for 2020 as we move into Microbiome in China: Cosmetic trend will ‘heat up’ by the end of 2020, says expert https://t.co/48juTNHO4f
I totally agree that this is a buy and hold and not a rainbow . So many positive things happening with this company and not a duster in sight with any of the cogs that are getting added monthly . Yes it can be painful to watch it retrace slowly day by day on occasion but we also know that it can jump very quickly as well . Who knows what GB has waiting around the corner for us and i am very happy to wait and see . GLA