InvestorsHub Logo
Followers 95
Posts 3767
Boards Moderated 0
Alias Born 06/14/2012

Re: None

Friday, 06/30/2017 2:40:41 PM

Friday, June 30, 2017 2:40:41 PM

Post# of 14845
I reached out to the company for comment on the cancellation process and if that affects current holders from open market purchases. It took a while for the previous response from them, but I'll post when I get it.

In my other stocks with cancellations, I've never seen a company just 'cancel shares'. They have to approach the holders, get the TA to pull back the shares after agreeance with the holders. In this case I'm 99.9% sure none of us are negatively impacted. However, I still want comment from the company as clarity on the matter.

Should be fun...

"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." - William Feather.