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Re: BONGWHOLE post# 1861

Tuesday, 10/18/2016 10:05:36 AM

Tuesday, October 18, 2016 10:05:36 AM

Post# of 3414
I like the fact that the CEO has a large stake in the company and in order to sell any of those shares he'll have to get the price and volume pumping much higher, however it's not like he bought those shares on the open market. Those shares were issued now that the A/S had been bumped up a while back.

I was waiting to see what the O/S was going to be after they raised the A/S a ways back, knew it was going to higher but had no clue as to how high. 2.1 b is the official number. Was hoping it would be a bit less but that's not terrible either. Now I'd expect them to hit us with updates and PRs pertaining to their business, new CEO, acquisitions they've mentioned this year, and of course the big whammy should come when China cuts the online lotto suspension. They weren't going to try to push the stock until the new share structure was set, now they should be ready. IMO we could see our first PR in quite some time, soon.