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Thursday, August 24, 2023 3:41:36 PM
1. Yes, we'll always have some flippers in the mix, but not under OTCN. We'll see them under ETRF, CDEL, GTSM, NITE, and CSTI
2. If Livingston was able to hold 9.99%, that's roughly 301M shares. Since OTCN began, we've traded 1B+, and they're showing no signs of depleting their never-ending stockpile, so I don't believe it's Livingston.
To clarify, I'm not saying that 100% OTCN shares are coming from Series B conversions. I'm just saying that based on the qty of Series B that Harry holds/held, the fact that Series B don't get dividends & commons do, and that he/wife/daughter already sold the 200M+ commons that were in the trust, I think it's a likely scenario that he converts a decent portion of his series B for commons, so if/when the SAGA deal wraps up, he'll get a sizeable dividend...
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