InvestorsHub Logo
Followers 42
Posts 1152
Boards Moderated 0
Alias Born 03/24/2021

Re: foxi post# 178138

Tuesday, 05/30/2023 2:22:26 PM

Tuesday, May 30, 2023 2:22:26 PM

Post# of 198727
To clarify, although the total unrestricted shares increased significantly in the last few months, total restricted stayed nearly the same. Another way unrestricted shares might increase is to issue new shares directly. For example if the company was diluting.

Consider the numbers here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172017449

The total unrestricted increased by 77,094,580 but most likely only 16,726,400 of those came from restricted becoming unrestricted. The other 60,368,180 are likely brand new and went directly to unrestricted.


Restricted as of 5/30 is reported at 400,363,185 shares. Savov's disputed 71 million were still part of the 451,289,565 restricted reported December 31, 2021. That's a difference of only 50,926,380, so any of these scenarios is possible:

- Savov got up to 50,926,380 shares moved to unrestricted per a settlement
- Other parties moved up to 50,926,380 restricted to unrestricted
- Bigger changes happened, but the company simultaneously issued more restricted and kept the total count steady. (Unlikely imo)