by special request the dead are dead. anything you'd like to hear ?
as i understand shell buyers or merging companies like to wait to complete three years of dormancy on a shell before considering it. We here were revived from bankruptcy as a nice shell in Nov.'02, nearing the three yrs of dormancy and thus making it look sexier imo.
Before that there were under 7.5 million shares outstanding, and to keep control in house, I'm assuming less than half of those shares were issued to the public. In my opinion the remaining float is rather small here comparitive to it's 50 million OS.
Hasn't traded over 300,000 shares in a single day EVER from a chart I saw going back to '97.
lol .. but that's my logic here.
as i understand shell buyers or merging companies like to wait to complete three years of dormancy on a shell before considering it. We here were revived from bankruptcy as a nice shell in Nov.'02, nearing the three yrs of dormancy and thus making it look sexier imo.
Before that there were under 7.5 million shares outstanding, and to keep control in house, I'm assuming less than half of those shares were issued to the public. In my opinion the remaining float is rather small here comparitive to it's 50 million OS.
Hasn't traded over 300,000 shares in a single day EVER from a chart I saw going back to '97.
lol .. but that's my logic here.
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