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Re: None

Thursday, 08/24/2017 8:34:38 AM

Thursday, August 24, 2017 8:34:38 AM

Post# of 86216
Here's an idea I've been batting around in my head for a couple days now. I'm fairly new to trading and I'm not sure if this is how it would work so maybe somebody can clarify this for me but if they were going to reduce the number of shares wouldn't the CEO or other members of the company have to buy those shares back. Wouldn't they want to buy those shares back at the lowest possible price? Wouldn't it make sense to do everything possible to let the price drop to a really low level so you could buy those shares back and reduce the total number of shares. I'm not saying this is what they're doing and I'm not even sure if if that is how a share reduction works but it might possibly be what's going on here because it seems kind of strange that suddenly the CEO is so quiet after missing the deadline on the filing. Wouldn't he at least do a Facebook video to give a quick explanation on why they missed it? Unless they missed it on purpose to drop the share price on purpose. To be honest I'm not sure if that's legal or if that would be considered stock manipulation but it's just an idea I had and maybe somebody has some input as to if that would be something a company would do. As for me I'm still holding 2 million shares and I'm not going to buy anymore unless this hit trips but I'm also not going to sell any in a panic because I still believe in the future of this company.