Thursday, May 18, 2023 7:41:23 AM
Was going over past quarterly reports to see how the math checks out.
In 2014 their "float" was 3 billion ish. Definitely suspicious to see over 100% of the float traded in a single month, and almost 4 times it traded for the year.
2015 is when they did the reverse split and consolidated from the billions to the millions.
and according to the may 2015 q3 report
Common stock, par value .001; authorized 10,000,000 shares; 4,414,975 and 3,613,791 shares issued and outstanding
so why the hell was there still billions of shares traded.
In 2014 their "float" was 3 billion ish. Definitely suspicious to see over 100% of the float traded in a single month, and almost 4 times it traded for the year.
2015 is when they did the reverse split and consolidated from the billions to the millions.
and according to the may 2015 q3 report
Common stock, par value .001; authorized 10,000,000 shares; 4,414,975 and 3,613,791 shares issued and outstanding
so why the hell was there still billions of shares traded.
Recent DBMM News
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