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Re: MTLTrader post# 54477

Monday, 03/18/2019 12:09:01 PM

Monday, March 18, 2019 12:09:01 PM

Post# of 163975
It's somewhere between 500M O/S to 600M O/S, and IMO it's closer to between 550M O/S and 600M O/S than 500M O/S, simply because the VYST A/S was 600M prior to it being bumped up to 1.5B A/S...meaning the 600M A/S had mostly been maxed towards the end of last year during the convertible noteholder dilution that was underway until VYST stopped it dead in its tracks on January 9th.

Also, keep in mind that a large percentage of the VYST O/S is already locked up in VYST insider/affiliate hands as the Form 4 filings over the past few years clearly attest. And if memory serves someone here took the time and went through all those insider/affiliate Form 4 filings and the total insider ownership position is 311M shares.

So even if we're working with an O/S of between 550M to 600M, it looks like 311M shares of the O/S is already locked up in VYST insider/affiliate hands...and since none of them have filed any Form 3 notifications informing the market of their intentions to sell...the effective free trading float here is probably around 250M shares k glty!


Never buy or sell based on my posts! My posts are just my opinion!

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