Logiq Inc (LGIQ)

[ForReal]

Contrary to what Brent said, MM's don't always short and then cover when converting CB's. If that were the case, we would see many T-Trades during the conversion process.

Therefore, it is a distinct possibility that 104 million shares is what the O/S will remain at.

If you go back to when the first estimates of the end O/S after conversions were completed, it was somewhere in the neighborhood of 100 million shares. 104 million shares is almost spot on, with the first estimates.

Of course, this is speculation on my part. But with continued and sporadic heavy volume days and the lack of O/S increases, I think my speculation is well founded.

And there is one other possibility. That being that those that converted debt to shares of STOA know that there is going to be a great deal more value for STOA shares in the short term, and are holding back and waiting for that to occur. Somehow, those people always seem to know more than the investing public.

One other idea should be considered as well. If you go back thru the filings, you may want to do some study of who exactly is the majority share holder of STOA or controlling share holder. And exactly how many shares they held as controlling entity.

Do not forget, there are no "preferred Shares" issued. Meaning that the only class of shares is common. It is my opinion that the common share holders are the combined controlling entity for STOA. So, if one or a group of individuals want to attain a controlling interest in or of STOA, they must buy up a number of shares to attain over 50% of the company. Otherwise, it is left to common share holders, by shareholder ,to decide if many corporate actions are to be allowed. (See Delaware Share Holder Rights on the internet). That means, such things as merger/acquisition, debt issuance, officer and board member selection, must be determined by a vote of common share holders of STOA, unless a "controlling interest" other than them is established. And that fellow share holders, could be an explanation of the heavy share trading activity, as of late. In a controlled manner, those shares can or could be bought up relatively cheap. Therefore, any common share holder opting to take some money off the table here, by selling some of their shares, is doing themselves a disservice by giving up control of STOA cheap.

Some thoughts to ponder.