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Tuesday, 02/15/2022 10:54:04 AM

Tuesday, February 15, 2022 10:54:04 AM

Post# of 161710
Purely a guess what is going on (however I am in the investment management business and once listed a firm on the exchanges)….

Issue 1: if all of the 1B shares have been issued, an uplist provides no benefit to the company (they own no shares). By adding shares to the corporate treasury an uplist and increase in share price provides them with assets they can use to grow the firm or buy other companies.

Issue 2: In order to uplist a reverse split needs to be done (this is not bad, it is normal). Is it a problem to have 500k Nasdaq shares vs 5M pink sheets (no). If the 1M shares are all outstanding, it doesn’t provide the company with any change of assets.

Option 1: If they did a R/S and uplist at the current share count you’d have a share count of say 10-20M shares…too low for a public company.

Option 2: you do a share bump now and the R/S puts more shares in the market for traders on the new exchange.

Option 3: after uplifting, the firm authorizes and sells more shares into the market which still causes dilution (and likely upsets the new investors)

So does this impact the valuation on current investors… yes and no. TPTW, if you are a long, is highly undervalued in the long term so dilution now doesn’t mean much especially if the shares will be released as part of an acquisition or investment to generate additional cash-flow.

We own between roughly 7.5-10M shares and have no plans to sell. And for those shorts…yes, it’s be great if the CEO provided more regular info on the status and give color to all these ventures however most firms don’t.

Something else to consider…P/E and other metrics are based on outstanding shares not issued shares.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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