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Re: Pstats post# 34875

Wednesday, 10/24/2018 10:57:02 AM

Wednesday, October 24, 2018 10:57:02 AM

Post# of 70442
I see a trend with this board accusing the company of selling stock in the open market which to my knowledge is actually not even possible and a threatened increase in the A/S and a R/S even though the company has apparently repeatedly denied such claims to everyone here. Also, if a company was going to increase the A/S why would they have not just done so when they went to 1 billion? I mean what is the difference between 1 billion and 2 billion? Especially in the pinks? I dont know about a tight float here but I do know that the A/S is 1 billion and the float is almost 900 million and their 30 day daily trading average is over 15 million! At some point supply and demand will be the thing that reverses things because the supply will eventually get very tight or dry up and then people will have to pay what ever sellers are asking. Pretty simple concept. Might have even been intentional on the companys part.

As for selling stock in the open market, if you dont understand how thats designed and regulated to not be possible and rightfully so then maybe you should not be investing in securities. This company has made some serious mistakes in the past but for the last year it seems that they are actually trying to head into the right direction. This negative speculation is very weird from shareholders in a company that is actually doing better. Strange board