Saturday, March 12, 2022 2:28:39 PM
Note that the company used to be an OTC company that uplisted/ graduated to Nas. No doubt some of those investors sold off and short sellers and hedges helped bring it down.
On thurs this company announced or had 13F/ G filings for big money investors or institutions coming in to accumulate this dilution. Smart money only takes large positions at discounts, so dilution isn't necessarily a bad thing, in fact the opposite if the company is using the funds to grow, which that company is definitely growing.
So I believe a similar thing is taking place with BYOC to grow, but instead shares are being accumulated by close associates to the BYOC BOD and likely the recent folks they've made contact with or something else that nobody knows about. Or who knows?
My thoughts/opinions are my own, based on research & DD, best to find your own! I invest for myself/ family 1st, then everybody else.. the same as any business!
Please do not buy, sell, hold based on my opinion!
Recent BYOC News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 10/06/2023 09:19:32 PM
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