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Re: StrategyTrader post# 6381

Saturday, 01/05/2019 9:25:52 AM

Saturday, January 05, 2019 9:25:52 AM

Post# of 37346
Hi StrategyTrader. I am new here but understand much of what is going on and will happen.

1) I agree with you 100% the plan will be accepted at SOME point versus liquidation

2) Correct (or another poster) me if I am wrong please... there are around 90 million outstanding shares held and about 70% of these are held by insiders

3) If the aforementioned is accurate, the real question is how low do insiders take the price without cancelling stock ALL the while accumulating from weak hands before plan is altered/accepted avoiding liquidation and cancelling stock

4) My answer to how low they take price while accumulating all the way down is between 2 and 5 pennies a share before positive leaks start happening driving the price up then finally accepting the plan ultimately sending the price into multiple of dollars per share

5) My guess is this takes considerable time speaking in a multiple of months

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