With a 2 million share short position (51%) on Jan 11, 2021 this stock is poised for volatility to the upside. Hitting $15.80 on Friday January 15, 2021 on panic short covering, this thinly traded stock is in the news again.
Elon Musk’s Tweet “Use Signal” sent Signal Advance, Inc.’s (OTC: SIGL) stock soaring as company insiders didn’t sell what was his intention?
|Signal Advance, Inc. OTC: SIGL Currently earning $6M dollars as reported in the 3rd Quarter ending September 30, 2020|
Signal Advance, Inc. OTC: SIGL Currently Reporting $0.1644 through the 3rd quarter 2020
Signal Advance, Inc. OTC: SIGL Reporting $9M in Assets through the 3rd quarter 2020
Signal Advance, Inc. OTC: SIGL a substantial short position in the market place short covering is failing which continues to drive this stock higher
Signal Advance, Inc.’s OTC: SIGL Disruptive Technology is sought after in multiple business sectors
Signal Advance, Inc.’s OTC: SIGL Disruptive Technology improves performance in medical, cyber-security, military, transportation, aviation, space travel, industrial controls, etc.…
HOUSTON, TX / ACCESSWIRE / January 11, 2021 / Signal Advance, Inc. (OTC PINK:SIGL) In the past week, Signal Advance, Inc. recognized a substantial increase in the value of a share of its voting common stock for the corporation. This sudden, and unexpected increase was due, in significant part, to a recent tweet made by Elon Musk to “Use Signal.” The Company is also aware of various financial publications which have also issued warnings to potential investors that SIGL and the “Signal” platform referred to by Mr. Musk are not the same entity. Dr. Chris M. Hymel, the Company CEO, congratulates the “SIGNAL” App developers on their success.
Dr. Hymel also stated: “SIGL has no association with “Signal”, the entity, or platform, referred to by Mr. Musk. The entities have no relationship to each other and Mr. Musk is not, to the best of our knowledge, a shareholder of SIGL.”
This press release includes statements that constitute “forward-looking statements” within the meaning of federal securities laws, which are statements other than historical facts that frequently use words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “position,” “should,” “strategy,” “target,” “will,” and similar words. All forward-looking statements speak only as of the date of this press release. Although we believe that the plans, intentions, and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions, or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such statements. Our business may be influenced by many factors that are difficult to predict, involve uncertainties that may materially affect results, and are often beyond our control. Factors that could cause or contribute to such differences include, but are not limited to, the duration and scope of the novel coronavirus (“COVID-19”) pandemic and impact on the demand for the products we distribute; the actions governments, businesses, and individuals take in response to the pandemic, including mandatory business closures and restrictions on onsite commercial interactions; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies and economic activity; the pace of recovery when the COVID-19 pandemic subsides; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps that we could take to reduce operating costs; our inability to generate and sustain profitable sales growth; circumstances or developments that may make us unable to implement or realize anticipated benefits, or that may increase the costs, of our current and planned business initiatives; changes in government regulation or laws that affect our business; and those factors detailed by us in our public filings with the Securities and Exchange Commission. All forward-looking statements included in this press release are expressly qualified in their entirety by such cautionary statements. Except as required under the federal securities laws and the Securities and Exchange Commission’s rules and regulations, we do not have any intention or obligation to update any forward-looking statements publicly, whether as a result of new information, future events, or otherwise.
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