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Re: BLULLISH post# 4006

Wednesday, 01/21/2015 9:52:41 PM

Wednesday, January 21, 2015 9:52:41 PM

Post# of 29248
As was already mentioned, the outstanding shares is 1.2 Billion. I think we need to trust when someone posts the outstanding share count based on contacting the transfer agent as has been done many other times on this board, accurately, as of the date they say they contacted them. The idea of a link to point to the number of shares is NOT possible b/c any site will have outdated information, including the company (XCLK) site that was "supposed" to stay up to date but has not (and now the link is broken). What I have seen a number of times is people quoting old values that were also correctly posted on this board as correct at the time, but then later increased values were posted that were not seen (unless one reads every post), resulting in old values being re-posted.

Anyway, I was hoping the 1.2 billion was at the end of today, but being that that was close to/equal to what someone posted the other day, and that 440 Mill traded today, I am thinking it is higher now. Maybe the prudent thing to do is just to go under the very sad assumption of 3 billion outstanding by March or so, and make investing decisions based on that. Man o man, that's a shear shame - to see the majority of shares being converted on the cheap like this.

The worst part is that when the stock does recover, the company will have to pay many times more to get whatever shares it is able to buy than what it could get now. What a catch-22, Timing is everything.

Here's a glimmer of good news - the co-signer.com site is back up and running.

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