Tuesday, August 24, 2021 12:23:05 AM
IMHO “THE USCS FLOAT IS GOING TO BE REDUCED”
Here is a definition of PUBLIC FLOAT from a Google search, “In the context of stock markets, the public float or free float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in shares held by promoters, company officers, controlling-interest investors, or governments.”
At OTCM on 8/6/21, the FLOAT was reported at 635,533,731
At OTCM on 8/20/21, the unrestricted share total was reported at 164,824,043.
It is my contention that somewhere in the future, the USCS float should/will be lowered to a number nearer to the 164,824,043 number.
If the float ends up in the 164,824,043 neighborhood AND a good Merger Company is put in USCS, then the chances of success may become more possible.
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