InvestorsHub Logo
Followers 266
Posts 11078
Boards Moderated 0
Alias Born 02/21/2008

Re: S_Steamer post# 38042

Monday, 01/18/2021 10:47:02 AM

Monday, January 18, 2021 10:47:02 AM

Post# of 48704
We haven’t seen new issuances yet. There is no way for them to issue new shares and sell them in the open market because they would be restricted for 1 year. Due to being a non reporting company, they can’t issue free trading shares. It would require a S1,S8,S11, 1/a registration statement for them to issue free trading shares which would take 3 months and we would see the filings.

I have an account at Centerpoint Securities and I could sell 5m shares on the ask and have it only show 10,000 shares.


I posted this in hopes that it helps someone decide what to do in this stock. So therefore they may purchase the stock and increase the PPS