InvestorsHub Logo
Followers 32
Posts 1946
Boards Moderated 0
Alias Born 01/14/2012

Re: grantastic post# 51230

Tuesday, 09/26/2017 2:49:01 AM

Tuesday, September 26, 2017 2:49:01 AM

Post# of 54198
I mean, who are they going to sell them to? They have $10k on the bid, and then nothing. For all intents and purposes, those shares are worthless anyway.

But note, I'm assuming that the owner of these shares is the company itself, not private equity investors that owned portions of the company prior to this merger. If private equity investors own the 85b shares, then yeah, they're likely not going anywhere.

If they keep them, they might as well do the RS and attempt to entice new investors to buy in.

@OTCMondragon