Mar. 17 at 10:35 AM
$ORIS It is the same architect (Maxim), the same structure (Low float + F-1) and the same goal: to create an extreme price movement in order to liquidate their positions at prices that are not based on reality.
From the bottom to the top: If you look at the entire journey from its lows around
$2.00 up to the all-time high of
$256.44 (which was reached during intraday trading on April 28, 2023), the total rush was over 12,700% in
$TOP. (2 x128 = 256)
In both
$TOP and
$ORIS, Maxim acts as the underwriter. They structure the deal with an extremely small free float and make sure to have a large amount of warrants that they and their closest institutional clients control.