Saturday, April 28, 2018 9:30:03 AM
Well... those hoping to tap Oceanside shares to cover short and naked shorts are going to be disappointed, since the well has run dry. No more shares have been coming from Nfusz into the float and Kodiak...attention... if they've been letting go their final shares they'll be done next week. So where oh where.... has the shares gone to use for covering????? We know about Oceanside, actually for almost a year. They had over 4 million shares AND still have.....hmmmm.....and they didn't sell??? Even when the SP two weeks ago was well over $2? They converted the final warrants and now they own over 10 million. They filed the 13g because they have to report over 5% ownership..... hmmm, again.... maybe because it has to do with BOD appointments? They didn't sell when it was higher... so I certainly don't think now? No... they've been holding for almost a year FOR A MUCH BIGGER payday. You mentioned the over 2.5 million cash in the bank, but failed to mention the possible revenue soon to be reported for the same period of this year during which the shares were issued to close out the debt. Thanks for reminding us of the closed out debt WITH RESTRICTED shares. Those shares may come to market several months from now, usually restricted 6-12 months. Anyone who's short NFUSZ can wait to tap them for covering shorts..... but then again the SP could be double digits.....uggghhhh.
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