Moving Bytes (fka MBYTF)

[CPTMatt]

Generally companies will not have just a very few amount of shares. The reverse merger is the alternative to an IPO. Obviously in an IPO they sell their shares publicly, well in order for them to raise capital from the reverse merger they're gonna have to have some shares to sell.

Anyway if you look at mid-cap companies they have what we would consider fairly large floats and outstanding shares, but you must remember that companies trade at multiples of EBITDA or P/E based on the industry, and they are actually profitible which is something quite out of the ordinary for the companies we usually deal with.