InvestorsHub Logo
Followers 74
Posts 7117
Boards Moderated 0
Alias Born 03/31/2010

Re: None

Thursday, 05/23/2019 12:02:17 AM

Thursday, May 23, 2019 12:02:17 AM

Post# of 54069
72.9 M SHARES is an extremely low share count for a 19 year company

once penny co's [defined as stocks below 5 dollars pps] achieve substantial lasting revenue,since pps often lags real or perceived value at that point,co's often buy back shares with a common goal being to reduce O/S shares to 250M to 500M [from the billions of shares they often have before that point]

ZN doesnt even have 1/3 of the shares of the low range of shares targeted by such companies

once again the purpose of becoming a public company is the ability to raise funds via issuing shares until lasting revenue is achieved-thats just common sense- thats what ALL public companies do until revenue can support operations

a lot of headaches accompany being public such as non stop magnifying glass disclosure

so if insiders are filthy rich they dont take a company public

execs pay is below other comparable co's pay,with zn's execs taking such a pay cut bc they believe in the mission

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ZNOG News