Hai Jia International Limited Company (HBIE)

[roger wilco]

Fact Checker: The public float currently is 219,200 shares. (PS: That's all the shares that are on the street)

Float 219,200 07/09/2021
Held at DTC 219,200 10/11/2021

factual information source: https://www.otcmarkets.com/stock/HBIE/security

So what even it is a little bit higher?

A float under a million shares would still support share prices in the dollar$ per share territory.

Virtually nobody is selling shares of $HBIE.

If investors want in they will HAVE to SLAP the ASK.

About the DTC:

The Depository Trust and Clear Corporation (DTCC), through its subsidiaries, provides clearing, settlement and information services for securities. DTCC operates through 10 subsidiaries – each of which serves a specific segment and risk profile within the securities industry.

DTCC’s subsidiary, the Depository Trust Company (DTC) serves as a custodian of securities deposited by its participants and is the only securities settlement provider in the United States. If an issuer’s securities are DTC eligible, it will hold an inventory of free-trading street name shares on deposit. These free-trading shares are also known as the “public float.”

Issuers must satisfy DTCC’s criteria for their securities to be settled through DTC which results in substantial legal and compliance costs.

Want to learn more?: https://www.securitieslawyer101.com/blog/what-is-dtc-going-public-securities-lawyer/