Guard Dog, Inc. (OTCMKTS:GRDO) Has Gained
As Much As 483.33% In The Past Week As It's
New CEO Breath's New Life Into The Company.
Guard Dog, Inc. (OTCMKTS:GRDO) has been seeing monstrous movement as of late and even with the fact that there could very well be a solid dip due to elevated RSI levels on the chart, we suspect that the overall trend will be continued upward momentum, due to key developments that have taken place. Guard Dog, Inc. opened at $.0006 just five days ago on 10/3/18 and today it saw a high of $.0032 and closed the day at $.0027. At the days high that was a gain of 483.33% from that $.0006 price point last week and at the close it continued to hold a 350% of those gains.
We want to make clear that GRDO was not previously a pick of ours and that our reasoning for blogging about it tonight has entirely to due with our excitement about what is taking place with the company internally. The primary catalyst for the impressive surge that GRDO has seen in price, came through the fact that a Mr. George Sharp has taken over as CEO of the company and is making swift decisive changes to ensure that things come together to improve both the health of the company and its investors. The recognition of George Sharp's involvement in GRDO sparked sudden share price growth because Mr. Sharp is well recognized within the OTC Market as a crusader of truth and as such has even been taken on as an advisor to the OTC Markets organization itself. He has brought litigation against numerous bad apple companies that trade on the OTC, as well as against various unscrupulous penny stock promoters that he has found to be running afoul of the law. His efforts go to show why it is important to choose honesty within these markets rather than chasing quick and easy payouts doing wrong for traders and has done a lot to help bring greater clarity and faith toward lower tiered OTC investments.
As mentioned even with as parabolic a move as GRDO's has been as of late and the understanding that there may very well be a dip, the overall expectation is upward as long as Mr. Sharp maintains his position as the new CEO. Already, the company has canceled 3.5 billion shares from the Authorized Share Count by canceling preferred shares and they are looking to get current with their financial filing documentation in order to be listed as current with the OTC Markets website, mainly in effort in the short term to have the glaring Stop Sign removed from their profile. Mr. Sharp as also provided an update via Twitter showing that the companies prior management owed $19,000 to their T/A and he was able to settle this for just $3,000. He has also announced that he has already brought the companies documentation with the Nevada Secretary of State current and is looking to bring an asset of value to the company and hopes to do so without taking on any toxic debt that could negatively impact investors, as well as an updated balance sheet that will reflect a 0 balance without debts.
The important thing to keep in mind currently with GRDO is that while there are a lot of exciting developments going on here, it is still a highly speculative play being that the story here is just beginning to be written.
There are a lot of big changes happening quickly here and with a new CEO with the level of notoriety for positive dealings that Mr. Sharp has, we hold serious expectation that he will be able to pull off something big here, so we suggest continuing to keep a close watch on this one. GRDO could certainly become one of the most exciting plays of 2019 when things really get underway with whatever assets they hope to get into play here but it may still gain some solid traction to close out the remainder of 2018 based on excitement about the filing information and upcoming press releases. Continue to watch this one closely everyone!
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