QEDN 87mil volume
QEDN: check this out
The merger provides for the shareholders of ProRemote to receive approximately 75% of the issued and outstanding common stock of QED Connect at closing, which is expected to occur no later than January 8, 2010. (found info in latest quarterly report)
QEDN check this out, this can happen between now and Jan 08, 2010, that means once they receive the 75% of common stock, this stock will move on air.
current O/S 4,229,425,280 shares
x .75 = 3,172,068,960
left for trading = 1,057,365,320
Just in case scenario: if they max A/S 5bil
3.75bil tied up
1.25bil left for trading, So this will move up to higher highs... its a .0001 The merger should help generate more revs.
NOTE: I THINK THEY ALREADY HAD SHARES TIED UP, SO THIS COULD BE EVEN THINNER BY THEN, CHECK OUT SHARE STRUCTURE IN JUNE, IT SHOWS THAT A LITTLE OVER 1BIL WAS TIED UP ALREADY, THE MERGER JUST STARTED IN NOVEMBER.
TIED UP: 1,389,227,259
Outstanding Shares
3,929,425,280 as of Jul 20, 2009
Authorized Shares
5,000,000,000 as of Jun 30, 2009
Float(shares)
2,540,198,021 as of Jul 20, 2009
$$$ Severly Addicted to Mad Money $$$
It is not always what we know or analyzed before we make a decision that makes it a great decision. It is what we do after we make the decision to implement and execute it that makes it a good decision.