Soked up more than $200k worth, the private placement placed a perfect opportunity to the existing backers buy in volume with a low price. The opportunity has now been closed , and will never exist again. With most accumulation has been done, it is everyone's interests now to push the SP higher. I would not be surprised it would be back to 4c in a couple of weeks. In addition, with significant increase in both revenue and profits , STL should have the moumentum to attract more value investors.
STL Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held