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Re: mccoy post# 1484

Wednesday, 05/13/2015 10:08:51 PM

Wednesday, May 13, 2015 10:08:51 PM

Post# of 1527
MC, there would be about 52,000 outstanding shares

after the 1/1000 rs recently if the last known

share count of about 52 million was the

same after some quiet, unbiz years...

Couldn't be over 100,000 because the authorized

share count was 100 million...The amendment to

do the reverse split and raising the authorized

share count to 200 million came at same time...

So a shell didn't issue any shares then because

no new biz activity has been unfolded...

Next, Chin could have plans to merge a new

enterprise into NIHL using new shares or

some preferred share mix...

That type move could raise the outstanding

share count with typical rectricted shares

but still leave public float ultra low...

And that would be the marketing plan to

attract a real good private company seeking

to expand with public market exposure...

So the share price at some point adjusts

to info of a new enterprise...

The old failed biz that was using the

symbol most likely failed and expired...

So that is the guiding thing that leads

to this type guess for a scenario...LJ




Gee Beav, rithmatic isn't usually this hard to read!