Thursday, October 16, 2014 3:58:57 PM
That explains why the Float was increased and the OS, which is a solid reason..to cover a past debt.
Also, this only accounts for the initial increase in the OS, but not the 2nd.
first increase in OS: pay off debt (says so in Q)
2nd increase in OS: **Speculation**, merger/acquistion/funding...who knows.
With debt paid off...company has good potential and looks like a good candidate for any of the above merger/acquistion/funding.
Also, they weren't sold into the market yet. 150 M shares at .01 is 1.5 Million dollars. This turd couldn't even support 100,000 shares sell atm.
Did not sell 150 M shares in april..increase wasn't until May/june. Mini- pops haven't had enough volume. Daily trading of less than 300,000 shares a day, (being generous), X days since may 24..not even close.
They did not sell them yet...which means that even though stock is trading lower...owners of those shares are holding. Do what the Big Guys Do.
Overall very good info!
also in regards to the restricted shares they issued, explains float increase.
http://www.sec.gov/answers/restric.htm
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM