…wow no dilution on Frodays huge news. I recorded in previous posts Friday AMRR security details.
This is outstanding.
Record one year high volume Friday of almost 400,000 shares traded of this micro float…….yet they didnt dilute one share.
What is there NOT to like here?
All these peices of dd along the way we found out in last several days are very bullish, quite unique and extremely compelling:…….no dilution even on Fridays record volume day, 1.6 mil Float which may even be smaller cause the DTC shares held on AMRR’s OTC page says 489,638 DTC shares :
AMRR SECURITY DETAILS Share Structure
Market Cap 20,057,218 02/04/2022 Authorized Shares 50,000,000 02/06/2022 Outstanding Shares 11,081,336 02/06/2022 Restricted 9,492,230 02/06/2022 Unrestricted 1,589,106 02/06/2022 Held at DTC 489,638 02/06/2022
…we found out that the company who bought the AMRR shell in December paid out $500,000 cash for it per 8k - they also had the money to ALREADY pay for the $38 million merge per 8k (thus why no nightmare dilution we sometimes see to pay for such RM’s)…..we found out that AMRR’s OS of tiny 11 mil hasnt changed in almost two years……small AS too of 50 mil……we find out OnePath had revs of $180 mil, has 800 employees(!!!)……and we find out that a couple weeks ago a State Senator from Texas and one from Illinois joined the Board:
…..and again……look at how small the now confirmed Float is, 1.6 mil, w DTC showing less then 500,000: IF this isnt a buy and hold …..then what stock is (?) or what more is needed for even the most suspicious to consider a position? If there was dilution, or the merge still had to be paid for…..or if they said something like one day they may become a $180 mil company…….then i would understand your and mine own doubts…..but all i see is the above facts, super bullish facts: im holding what i have and looking to add 2,000 more shares today.
Because also remember, the 800 employees could not buy AMRR before news on Friday, and i think at least 200 of them will want to buy some shares….why this is significant going forward is that if just 200 of them decide to buy on average 8,000 shares: thats the entire Float, lol……..let alone the entire trading community and if even just 1,000 traders want so e shares and some hold boooom……..and the fact Mm’s need shares tooto make market….at a certain point shares in this so far unchanging micro float of 1.6 mil could get truly miniscule.
Thats why these guys out there who already sold is nuts to me below $5: w right holders in days and weeks to come…..and just a few whales this could go $20 area on momo and squeeze at some point…lets see how dis all now plays out….very exciting here!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.