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Re: mongotrader post# 4250

Thursday, 11/02/2017 1:40:14 AM

Thursday, November 02, 2017 1:40:14 AM

Post# of 7114

unless they sold a block of restricted shares which would require a 6-12 month hold.



It never works that way. New shares issued usually means lower stock price down the road. There are ways around restrictive legends.


Per latest 10Q:

Outstanding at August 16, 2017 = 3,979,792




Per the OTC link you provided:

Outstanding Shares 4,545,310 a/o Oct 31, 2017




The increase isn't unexpected. I expected a bigger increase until GLUC IR chimed-in stating my projections were high. The share count will have to be closely monitored in the coming weeks (obviously) but a 15% increase thus far for the advertising, inventory reload, product re-tweaking seems like a "fair shake" at the moment.

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