i have to reply to this c**p. Returning shares to the treasury will only show in the SEC official documents on the quarterly filings. More, the merger 8K shows an OS of 54,576,260, including the 200K capital injection John did. Second, at the same time John bought the majority of OS, a group of his JBI investors also bought a few million shares leaving a couple of million in the hands of you know whom (if you guessed Mike you were right) and other minor shell players. Those are free trading and considered as part of the float. As none got the magic 5% there was no need to file. Those are the shares (in addition to the naked you've been adding) that are being traded. So the shares available are somewhere in between 2 and 3 million and that is the free float.
Now about the business. John did not buy TRTN to do tape business. He did it for the plastic to oil. To sugar coat the company until the P2O starts to produce revenue, John added the JBI tape business. This allows TRTN to be profitable from Q1. Because there's a backlog of tapes and it's secret classification, John expanded the business to cambridge, MA. The processing capacity became 2000 tapes/day/shift. You do the math on revenue.
There will be pictures this week (later) of the P2O processor, so people like you can finish eating the frog, after lying about the PRC (people republic of cambridge) office. As that argument was no longer viable because of the pics i took, you now attempt to scare people with lies regarding the OS, the float, whatever you can think of. But it will not work. This company is for real. It is not fake. It even has a bank account LMAO. So you may attempt to influence other posters as much as you want, but that will not stop the train. Your bark will be overtaken by the moving train.
and now back to no posting status
