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Re: Traderfan post# 27189

Thursday, 05/21/2020 7:48:19 PM

Thursday, May 21, 2020 7:48:19 PM

Post# of 28510
I agree. RLAB has a great share structure. I spend as much time as I can in Palm Springs. I went by the company address in early March. It's just north of the freeway at Indian Canyon Ave exit, in an office/light industrial park. And very close to the "Coachillin" development which hasn't been built yet. Office was closed and looked vacant but inside were new materials and work underway so it appears to be in the process of renovation. He has other offices in the Coachella Valley but I didn't get a chance to visit since the day it "woke up" was March 3rd and I left early morning on the 4th. An insider got some restricted shares, other than that the share structure between then and now hasn't changed.
They've put out an annual filing (12/31/19) and a quarterly (3/31/20) at otcmarkets.com so current info is out there. Filings are ok, imo. Promising startup business, needs news I guess.
Outstanding Shares
9,072,835
05/08/2020
Restricted
3,560,842
05/08/2020
Unrestricted
5,511,993
05/08/2020

Outstanding Shares 8,072,835 02/07/2020
Restricted 2,560,842 02/07/2020
Unrestricted 5,511,993 02/07/2020

Authorized is 500,000,000

It's nice to have a lot of horsepower in the engine room but you need some in the wheelhouse too.

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