InvestorsHub Logo
Followers 7
Posts 387
Boards Moderated 0
Alias Born 06/16/2004

Re: fink post# 2537

Thursday, 09/23/2021 11:28:06 AM

Thursday, September 23, 2021 11:28:06 AM

Post# of 2587
Fink, your screenshot clearly states that the O/S is 25m, and the public float is 18m, BUT, Like I said, the trade-able float is 9.567m

This is from a guy over on Stock Twits:

A/S = 60,000,000 (Authorized Shares = Maximum shares the company can issue)

O/S = 25,150,645 (Outstanding Shares = Total number of shares that have been issued to date)

Of the O/S, there are 6,766,000 shares restricted (can't trade) and 18,384,645 shares that are unrestricted.

The unrestricted shares can be traded. BUT, only 9,656,840 shares can be traded in the public market, the other 8,727,805 are on the books at the Transfer Agent, and if you wanted to trade those shares, it would have to be in private transactions.

Look at the chart, this thing moves fast and liquid.