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Re: Vaffan-Coulo post# 10412

Tuesday, 10/07/2014 11:09:35 AM

Tuesday, October 07, 2014 11:09:35 AM

Post# of 14303
You are a day late on replying to that specific post, friend. Most shares in retail hands are still locked from any sort of sale. The low volume shows indications of a lack of the dilution of converted shares that some thought would happen immediately following a split. This typically means that even though the new investors hold the rights to convert their preferred shares - and if they chose to do so, the shares would have to be converted and authorized by the following day, per the filing - have not been converting their shares to common stock for sale. What we are seeing now is the minimal amount of the float that is available for trading barely exchanging hands. Again it appears even the institutional and accredited investors that bought in are holding onto the shares they purchased. A 20:1 split would have been absolutely ridiculous, and caused a panic wash. The terms of the 5:1 split are obviously meant to retain as much value for common stock holders without leaving a minimal amount of shares in their hands - if you think in common sense terms. Something that seems to have escaped your understanding since day 1, when you took an interest in attempts at bashing this stock. This is the obvious progression of events that would be expected after a small R/S, in which shares are still not completely available to trade. The price action still shows an increase from the .09/.45 valuation of what the stock traded at upon close of last week. Please use educated responses within a timely manner to provide productive discussion as to the actions of the stock rather than simple minded thought process only used in attempts to demean the company and its shareholders. Purposeful discussion is much more useful.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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