InvestorsHub Logo
Followers 15
Posts 352
Boards Moderated 0
Alias Born 06/04/2009

Re: shajandr post# 7324

Wednesday, 07/31/2019 6:45:45 PM

Wednesday, July 31, 2019 6:45:45 PM

Post# of 12277
Shares outstanding keep going down. If a company is diluting endlessly would the share count go from 3.33b to 3.16b?

One would think with 100b authorized they would have it up to 4b to 5b by now, but it's down to 3.16b. Hmmmm....so the 100b is irrelevant and will change once current filings are updated.

If they planned to use anymore it would have gone up in this silent period. The company is the only one who is buying at .0001 and can buy at .0001 as more shares will be either bought back or continued to be cancelled imo until they are ready to release filings and joint venture updates.

These are the facts. Outstanding count going down last time they updated and zero dilution confirmed. The joint venture is a huge play here at this level. Getting primed for a nice run. I've been in many of these plays at this 2 to 3b level and at trip 2's or 3's that run big once filings get current and they start announcing their plans. I'm locked and loaded for it. Its no fun chasing after they run. So, its all about being patient with these trip 2's.