InvestorsHub Logo
Followers 928
Posts 30344
Boards Moderated 4
Alias Born 07/13/2010

Re: Law_Abiding_Citizen7 post# 2520

Saturday, 03/09/2019 7:36:05 PM

Saturday, March 09, 2019 7:36:05 PM

Post# of 24296
Two things...

1- the fact that pps has risen 150% in light of ongoin conversions would suggest it is nearing an end...if it hasn't ended already.

2- If Algae World is on track to generate $10mil in revs this year, conceivably, KYNC could be using available funds to take those shares right off the market...kind like a buy-back but not quite...and then retire them to the treasury. In fact, I wonder if that's how they reduced the OS to begin with.

Just a couple things going through my head. wink