![](https://investorshub.advfn.com/uicon/132514.png?cb=1548166334)
Saturday, November 28, 2020 9:12:43 AM
Now that the 6 loans totaling 2.1M which included the 447+M in warrants has been settled the dilution has come to an end. The AS will not need to increase as many shareholders were concerned about. Suppose Gary could let RBC convert the 400 and 300K loans however I would assume the SP would be considerably higher than the .20 for it to be worthwhile for RBC to convert. That would be about 4M in shares for the 700K they got to pay off the debt and ramp up production. Not even close for a AS increase.
You are also correct the shares that RBC received are probably being feed into the float. Could also be the 123M are/were also feeding the float during 2020. Perhaps we will know more as we keep an eye on the restricted shares.
Looking back over what's happened over the past year. Imo Gary's primary goal was to pay off debt. Covid has helped him do that at the same time putting the company in a much better financial position as far a growth and revenue with 10M guidance for 2021.
I see you mentioned the 900+K after hrs. trade. I agree it's a average though the day of the different individual trades. I remember 2 summers ago into the fall when the company went through dilution and those shares were hitting the float after hrs.. Those trades were listed as T Trades sells on the ihub trades page. This 990+K AVG. trade yesterday was listed as a AVG trade and buy on ihubs trade sheet. I understand that trade sheet might not be that reliable with sells showing up as bid wacks and buys as ask hits the ? being trades that are between the ask and bid. Even some of my buys which is between the ask and bid shows up on Schwab as sells. How all that works IDK.
My questions is how do you know this last 990+K AVG. was a T trade when it showed up as a AVG. trade. How do you know it was shares hitting the market vs shares being bought?
Recent PCTL News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 02:05:09 PM
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 07/18/2023 07:06:52 PM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/13/2023 04:32:57 PM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM