Outstanding-Shares:666,277a/o Dec 28,2016/A/S does not=float!
They're not utilizing the whole A/S, just 1/3 as of last month;
even 1.5B isn't that bad though, however, today WAS very confusing.
Let's hope these conversions are done for now, stupid debt holders tend to crush the PPS instead of spacing out their dumps.
As a QB stock this has to stay above a penny so I suspect a strong push, they don't want another R/S, are they even eligible this soon?
IF they made a new deal to escape another round of conversions they don't seem to have included a leak-out agreement:
I haven't been in this but according to the official listings:
Capital Change=shs decreased by 1 for 300 split. Pay date=12/28
/2016.
You can contact the TA, see if they're not gagged:
Transfer Agent(s)
American Stock Transfer & Trust Company
L2 shows this is bottom, Asks stacked all higher, but L2 was useless today, it kept changing so fast -- hopefully MM"s are prepared Monday to keep things steadier.
I did see one recent dump similar, BTC- the blockchain company, when a merger was cancelled suddenly and the company in question dumped all its shares because it was going BK, also from QB to .0007! Hope this is the bottom here -- that one bounced to .0065 briefly now it's settled in but it will have to do an R/S, however, that company has no rev's or business operations at all right now;
does have good, honest CEO and partner, what's the scoop on this CEO?
Here's who they list:
Company Officers/Contacts
Ryan P. Ashton CEO
Rob D. Jenison COO
Jeffrey A. Rona CFO
George Ulrich Director, Fin.
Company Directors
David R. Spafford Chairman
Ryan P. Ashton
Kirk K. Calhoun
Sam Chawla
AI
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