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Friday, March 22, 2024 12:10:53 PM
Bubae
Re: The Whale post# 6284
Sunday, December 10, 2023 4:04:27 PM
Post# 6351 of 12295
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173399030
So the mystery for me is the question of when were the shares issued? Found some dates in the filings showing the outstanding share counts during certain periods. June 14th we have an OS of 790,292,999 according to the S-1 offering. 51 days later on August 4th we see an increase to 1,134,572,435 or 344,279,436 shares issued for the period. By November 1st the filings indicate that the OS increased to the current OS of 1,244,572,435. I understand from those posting here that there has been no increase since the first of October. so calculating we see that the 57days from August 4th thru September 30th they added another 110,000,000. It would appear that roughly 454,279,436 shares hasn't even vested yet. Those shares should begin to become eligible sometime next week and run for around the 110 day period according by the issuance period estimated. An unknown is how many of those currently eligible have not been sold yet.
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Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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