Monday, December 30, 2019 1:27:11 PM
1) IG/MB merger required a r/s because management took and restricted 85% of the o/s and they needed the room to distribute shares and restrict it even tighter. So any news could make it explode or remove volitity from their stock. It’s now CL/NH.
2)Micro floats can go way high with good news. They don’t need to dilute, they could if they wanted to. But lazar has made many a lot of money and he’s customizing the shell as per demands. I still don’t see how he’s doing it without a def14 filed, and 10k is due soon enough. He files those timely. I’m playing this gamble
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