Saturday, March 02, 2024 12:00:48 PM
Allow me to explain my reasoning on the dilution aspect with respect to our company here.
I've been checking the OTC daily on the disposition on the O/S whether an increase or not. Since 2/12 on the day of the official name change the share structure has stayed the same at 575,902,317 up until 2/19 the OTC hasn't given us an update since then. With many companies, the OTC does change on a daily basis, but there are circumstances that these updates may happen on the end of week or end of month. Either way this is still a positive query for TKMO shareholders. As of today, 3/2, the OTC hasn't updated since 2/19.
Now there may be a couple of reasons for this. One is the DTC which releases the daily, weekly or monthly to the transfer agent. The shares held by the DTC have not changed since 2/19, which I find interesting.
What I am sure of is that Market Makers can't and do not hold inventory on any company's shares any time after a day of a trading session. They must balance out and this is where some T-Trades occur right after the close. It is against SEC rules and a illegal act and can result in punitive fines to any market maker who holds beyond the end of day.
I have written why I think the 6th digit volume on a daily basis might be a counter intuitive nature and offset any dilutive action or a collaboration with the note holder in a agreement. The latter is a synopsis on my part, but I find it interesting that we seem not to gate timely updates and I expect at least an update from end of session Friday which is the beginning of a new month-March.
I feel what is happening with the silent period and delay action on the share structure is a positive nature for us and serves us well on ROI.
I also provided a more detail post on this reasoning from this reply on an earlier post I made covering the desire for the company to attract and sell 500m shares at .001.
This will be my last post.
Have a good day,
varok
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