Comjoyful International Co. (KJFI)

[opas60]

do a little math with a friend who's professional mathematician and we ( with our best knowledgw and efforts ) found out
( all numbers are rounded ) :

Public float is : 6.200 K
T. Baulch : 550 K
what equals : 5.650 K remaining
Num shareholders : 2500 ( as from 10K )

so the question is - how the remaining shares are distributed among other shareholders ( some 2.500 according to 10 K )

To make a model we used Fibbonaci method and Gauus normal distribution as well ...

And here are the numbers :

some 10 players have 100k shares or more
some 10 players have 50k shares or more
some 20 players have 25k shares or more
some 30 players have 10k shares or more
some 50 players have 5k shares or more
some 80 players have 2k shares or more

what equals to 2.710 K shares

and that means

some 10% players have 2.170 K shares
AND
some 90% players have 2.940 K shares

and our conclusion was as follows ( Gaussian distribtuion - in this case - > greed and fear ):

1) some 1M shares will be sold in range 0.2 - 0.35 $
2) some 750 K shares will be sold in range 0.35 - 0.5 $
3) some 500 K shares will be sold in range 0.5 - 0.75 $
4) some 250 K shares will be sold in range 0.5 - 0.75 $

what equals

2.500 K shares in range 0.2 - 1 $

so the name of the game is :

Are you willing to hold your shares and do not sell anything under 3$ or just making a little slice of the pie ....


IMHO.