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Re: None

Thursday, 09/03/2015 10:08:49 AM

Thursday, September 03, 2015 10:08:49 AM

Post# of 109742
Does anyone know what the OS & float was back in July 2013 when this stock traded at $0.09?

If just two years ago with no POs and no Chinese factory, this stock can trade at $0.09 (albeit with a smaller OS), i think, now with no fear of an R/S and no toxic debt, a lot of those additional shares have already been locked by the longs.

Just by going over some of the figures posted on this board, looks like about 157M+ are being held by just 5 people/families, in other words, about 6% of the current float is being held by just those 5.

I am sure there are several other 'hoarders' here as well and i won't be surprised if more than 20% of the current float is already locked right now.

Once the POs will start rolling in + acquisition(s), resulting in $2M worth of shares buyback, if most of the longs here decide not to sell their shares for at least a year or two then, with approximately only 80% (or even less) of the tradeable float, the climb back up to the pennies and beyond could be pretty swift. IMHO.

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