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Re: trader guy post# 58738

Wednesday, 10/23/2019 12:42:00 PM

Wednesday, October 23, 2019 12:42:00 PM

Post# of 70653
My guess (and it's nothing more than that) is that your estimate of 1.2 billion shares actually seems pretty rational based on the outstanding convertible debt that we know about. I thought you were projecting something much higher and I'm glad you clarified it. I would not be surprised at an OS between 1 and 1.5 billion. I just see some people claiming we're at 5 to 10 billion OS or about to get there and I had to object. Sorry if I mistakenly put you in that category.

I don't see any RS in the future unless their revenue estimates are totally fake (which I don't think is the case). With that kind of revenue they will either grow into the larger OS or they could easily do a share buy back to restructure. BTW, I have a securities license so I do know a little about what I'm talking about.

Les