Post-merger 300 mil OS is broken down as follows...
__7.1 mil (_2.4%) - Retail Float
_11.3 mil (_3.8%) - Eberwein (Lone Star)
281.6 mil (93.9%) - Maslow Insiders
Nearly 293 million shares of the post merger OS are locked up or restricted for a period of 1 year after the merger.
RLBY FUN FACT: No Front Loading here.
The vast majority of RLYB shares traded above .30 over the past year...
How do I know? I looked at the daily trading history over the past year or so. At this link... https://www.nasdaq.com/market-activity/stocks/rlby/historical
A grand total if 386,650 RLBY shares traded in the one year preceding the initial Merger 8K (from 9/23/2018 thru 9/22/2019).
Of those 386K shares...
___4.2K traded between .023 - .03
382.4K trades between .031 - .078
The merger agreement 8K was released on 9/23/2019.
Volume since the 9/23/2019 Merger Agreement 8K as of yesterday’s close...
Of those 6.3 mil shares...
5 mil traded between .30 - .69
1.3 mil traded between .09 - .29
NOTE: The Retail Float is ~7.1 mil
No insider hype, no promises or no anything. Just super clean and by the book SEC filings. Never seen anything like it in the OTC.
By the way, the SEC filings show a Profitable $37.6 million annual revenue company reverse merged into a super clean SEC reporting shell with the vast majority of the 300 million OS locked/Restricted for one year.
The First Press Release regarding the reverse merger was issued tonight. It’s in the 8K linked below. https://www.sec.gov/Archives/edgar/data/34285/000149315219016477/form8-k.htm