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Re: CatfishHunter post# 90583

Friday, 04/02/2021 2:21:45 PM

Friday, April 02, 2021 2:21:45 PM

Post# of 102774
The amount INCC would cancel would depend on some variables. To say how or how many, one cannot speculate without more data.

Hopefully the CEO or CFO will make some kind of an annoucncement to tell us more. I t could already be in porocess as far as we know,

To be honest I normally stay away from OTC stuff once it gets close to 1Bil, but this last year many ran nicely at this level, and it looks like the company is going to make good at filing and pink and such up and so on. that said I would love for them chop away at a few bil or even a few hundred mil, would be nice cause companies especially OTC rarely do share reductions in a way that does not hurt the share holder.

But the CFO will have to look at this, to determine what a pproach to take

How many do they have on the books that have not actually been issued to the market.

How many do brokers have available for sale to the public that have not been sold.

How much capitol do they have to buy back shares and at what pps.

They could simply slowly and quietly buy back shares from brokers, or cancel shares they have available to brokers for sale that have been sold.