Tuesday, July 23, 2013 4:08:15 PM
my one post of the day:
At the moment no one. But once registration goes through, and it will along with the uplist, The underwriter will make available those 100,000 commons each preferred shareholder owns for release. This will be bought by the MM's to reconstitute the float. once that is in place it goes to open market as the SPO. The MM's will be selling the shares. Who will be the buyers for our commons? the MM's. They then get institutional investors on board. Why? because CDFT is a no debt profiting company. No MM or anyone for that matter will sign off on a pink stock that's heavily in debt, well unless they are buying the debt. But again, All the stops have been covered here. So..
once shares go to open market. you'll be seeing the buying just as it was in the beginning before the corruption that's taken place not by the company but the market players themsevles.
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