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UPDATE: the board's holdings

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jrf30 Member Profile
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jrf30 Member Level  Saturday, 08/12/17 01:05:32 AM
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UPDATE: the board's holdings

I only received 16 people's answers in total, so don't have a complete picture of who owns what, but even with that, it sounds like we own more than I thought.

The 16 people I have that responded, including myself, own 36 million shares, either by themselves or with some friends who are not o the board. I know that it has been stated two or three times that two big holders here have 25 million between them. If that is true, then that comes to 61 million shares, and that is with LESS THAN A QUARTER of the people here responding.

Folks, some of this doesn't even add up. I can GUESS at what some others own, by looking at posts that say things like "I added 80,000 shares today" and what not, but I don't know for sure. However, with 61 million already accounted for, I would guess we own almost 90 million shares right here. Leaving what? 10 - 15 million shares for the rest of the world, including any and ALL of the new people coming from the CA conference?

SOme have said when we have big volume days we should move. By my calculations, we should not HAVE big volume days. If no one is selling, then they can ask higher and higher and higher, and the MM will walk it up instead of letting it fly, but it will walk at ... well more a JOG than a walk.

Just having 20 people from CA wanting 100,000 shares each would be more than the entire available float if we all HOLD TIGHT. ANd they would have to fight each other to get it. ANd once we start up, of course that means more get interested, and more want in, and with less then available, it goes higher yet again.

I hear people talk a LOT about locking the shares. I can say that since I began trading in 1974 I hvae only TRULY seen it ONCE. This should be my second time. We could have NOTHING available, and it could climb based on that. So let's hold still, and not take small profits. Unless you NEED to sell for some reason, sell nothing until September 30th, even if you want to take some profits, and we should see an AMAZING price by time we get there. The other one I saw? I don't remember the exact year, but in the mid 1980s. It ran from $1 to $38 in four weeks. NO one would sell, and they just kept raising the bids, trying to lure people out of their stock. Over an over again. Once it hit a top, and enough cracks came, it retraced down to $33, and then it sorta traded normal, but still it was quite the ride.

We DO own the market. If we hvae some bigger people on here than I could verify, we might ALREADY own close to 100% of the shares. Which COULD happen, since most people have never HEARD of this company outside of this board or friends of this board. And that is going to CHANGE the first of September. smile

Hold your shares, IMHO. smile


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