Connexus Corporation (CNXS)

[VeronicaFox]

A Form T is the close out transaction by a Broker Dealer after dumping stock to retail in the market all through the trading day at market price. The Broker Dealer then buys the actual shares from the selling customer in a transaction at an averaged price minus a Block Position fee.

It’s dilution which is a reduction in every shareholder’s ownership percentage due to the issuance of new shares,

It’s easy to see the dilution in the numbers below - Almost 3 Billion shares have been added this year, over 2.5 Billion in dilution in just the past 4 1/2 months.

CNXS O/S as of 01/17: 40,764,557

CNXS O/S as of 10/18/17: 2,987,285,084