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Re: PENNY PIRATE post# 52839

Thursday, 09/16/2021 2:05:39 PM

Thursday, September 16, 2021 2:05:39 PM

Post# of 118424
simple question....AABB or another company or whoever

How does a company, retire (Benny used the word retire) float shares that are not "Restricted" shares?

Benny stated the OS will be below 1 billion by 2022. The current Public O/S is 2.1 bil, with 297 mil restricted. Common stock cannot just vanish, or be surrendered...it must be purchased at market value.

This is a smiple question. Im not looking for any condescending response telling me to hire $1000 per hour lawyers to do DD. Just a simple answer

Benny says under a billion within a year, so if we remove all restricted, and add in an additional 800 million, we get to under a billion. The 800 million have to be bought. At the current PPS that's 88 million dollars. And lets not forget about that convertible note that has another 1.7 billoin shares left on it

My posts are opinion and should not be used as investment advice

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