Friday, April 28, 2017 7:31:23 AM
The fact that SEIL's float is pretty much locked, if the OS only increase to 900 million, which are the PMEA shares converted, the float would still be locked.
Add the fact that SEIL will now be making profits from selling aircrafts (assuming they ever reach that point), and all of the other revenues from already existing projects, this may well end up in the .40-.50 range very easy.
Look how the pps went from .056 to .20 on 40,000 volume on Monday. When the dust settles, if we have only 900 million shares OS, we will be sitting very, very pretty. Sure people will sell and take profits after the conversion, but even those who sell will be selling a locked float.
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