Thursday, April 07, 2022 10:59:51 AM
Wish these guys would have the TA update the 'Security Details' at OTC Markets, I'm curious how many shares are held at DTC. I'm guessing not much, if the unrestricted is around 770K or so, I'd be shocked if half that was at DTC given how illiquid this is.
Probably mostly held in cert form by some old Asian shareholders, who forgot about this and have no clue what's going on any longer, after previous company went dark.
If Singh really wanted to make a shareholder friendly move, he would issue a dividend on those shares not held by insiders, maybe a 4 or 5 for 1 divi, you would increase the float, without increasing the o/s too much like a f/s would.....perhaps be a bit more liquid then..... which is likely going to be a issue here moving forward.
Probably mostly held in cert form by some old Asian shareholders, who forgot about this and have no clue what's going on any longer, after previous company went dark.
If Singh really wanted to make a shareholder friendly move, he would issue a dividend on those shares not held by insiders, maybe a 4 or 5 for 1 divi, you would increase the float, without increasing the o/s too much like a f/s would.....perhaps be a bit more liquid then..... which is likely going to be a issue here moving forward.
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