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Friday, July 19, 2019 6:06:47 PM
What is puzzling though is that shareholders shed 50 million of their own shares at a big loss at 4. One guy on the other board said that he sold 4 million shares at 4 because he needed the money. Others seemed to have done the same thing as well.
While the trading today clearly showed that the 4s are gone, investors seemed to would rather wait before they slap the ask until they gain more confidence.
The remaining 506 mil shares that I talked about earlier, as shown in the table below is coming from the float/OS gap in Q2 and from overdue notes. These shares break even at 5 and higher and should have been dumped sometimes ago in Q3. Remember that total number of shares traded in Q3 amounts to 2.231 billion shares including 616 million shares of dilution and float/OS gap. 366 million to pay for last note and overdue notes and 250 million shares remaining from Q2.
If the above turns out to be correct, the current OS and float are equal at 3.9 billion shares.
![](http://investorshub.advfn.com/uimage/uploads/2019/7/19/ezdkl7-19-2019_4-59-24_PM.jpg)
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