Thursday, June 22, 2017 1:06:32 PM
I see no problem with the # of authorized shares not outstanding. The company doesn't seem in a hurry to use them. It's really a matter of how they use them. This company has asset value few OTC traded companies can claim.
This is one where the technical trading is a nuisance, but the valuation looks like pennies per share to me, not fractions of pennies. Financials due out within a couple of weeks. I still think buyers will be taking up long positions ahead of the report.
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