Wednesday, November 08, 2023 12:57:20 PM
I actually think management already had their Transfer Agent prove their share ownership to the Nasdaq Appeals Hearing Board. I caught a reported float of 229M shares, which is 110M more shares than the company issued. The fact that the float could change by 110M shares overnight, told me that management had control of those shares. I deduced that management loaned those shares, and it is these loaned shares that I expect management will recall.
That same report also reflected an Outstanding Share total of 595,400,675 shares. That tells me that management is planning to declare a 5:1 forward stock split.
Thank you for your question. I'm super-excited to see this play out.
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