InvestorsHub Logo
Followers 257
Posts 17557
Boards Moderated 1
Alias Born 07/10/2003

Re: realwill post# 371663

Wednesday, 06/21/2017 3:45:33 PM

Wednesday, June 21, 2017 3:45:33 PM

Post# of 375420
The share reduction will be smoke and mirrors. I love the advertised float a/o sep 30 being under 53m, yet failing to mention that the os at the time was under 79m and is now over a billion more.

There is NO WAY to reduce the os by buying back shares when there is no money to buy with. All she will do is swap for preferred shares which will be converted at a later date.

IF there is a reduction in os, it will have ZERO effect on trading volumes since the float will NOT change. In fact, if she holds true to form, she will advertise the first reduction in os as some big event, and fail to mention that the remaining shares that were to be reduced got the trading restriction lifted and sold into the hype.

Similar to hyping the AS reduction as being recent when it was well over a year ago.

Buyer beware.....