I said it the other day and I'll say it again (thanks for the quote btw!) The way to get the p.p.s up is to use revenue to buy out of the open market and get rid of them.
This stock has never had gangbusters volume. For it to make the run it did as fast as it did with a float of 340mil and it's volume, there were obviously a lot of big HOLDERS, which effectively made it trade like the float was much smaller, plus there was high demand. Whenever they started selling back into the market, it almost mimics dilution. Over-supply all of a sudden. Retiring O/S shares will do us no good now except FUTURE valuation. I've also posted before a chart of similar companies' P-E ratios no one seems to factor in for the future.
I have a list of every share issuance since 2014 on my computer, with color coded labels and descriptions of each to link up to the quarterly reports. I have also looked up each person involved on the list after CHRO took the shell. If there is a worm anywhere out there IMO, it's pre-CHRO holders (IBC, Radcliffe, Vernier) they still have some shares outstanding. Almost everything after the merger IMO is locked up.
If you'd like it Sleddy, I'd be happy to send it to you sometime! Not posting for the board though. Too much whining and only a few trying to find their own answers. I have done my searching and will base my decisions off of it in the future
People should take a look at ZRZ* share structure and see my point about the float.
