Worst Case Sinario and alternative Sinario:
1. They have no product and all that is a scam ..I doubt it , I see the product , and its a multi -Billion Dollar sector.
2. The company needs 800 more shares , Now why would they R/S the 187 mil already out , so the OS to be 801 million instead of 979 mil shares ? Does it make sense ? why would they punish already existing investors ? I doubt makes sense either , something for sure there that we dont know about .
3. Companies even on big board less over the counter ,dont usually announce in advance a R/S usually you hear about it before or after the bell ..So why on earth they did announce that possiblity ,and why would they say in the filling that the company reserves its right NOT TO PROCEED WITH R/S ??? The CEO is not naive , he is familiar with the Market and short selling , Is he setting up the ultimate short trap for short sellers ? Just can you imagine if the company announce tomorrow that they changed plans and there will be No R/S , and Issue better than expected News , you tell me what will then happen with the PPS , and what will happen to the short sellers , what a squeeze , just think the squeeze alone what would it do to the PPS.
4. What if the company was buying back their shares instead of the R/S ??? Notice that they gave every reason to invesstors to sell , announcing R/S , News black out , etc .
5. Has been a TENDER OFFER and the buyer is scooping any lose shares at discount price , prior to BUY OUT ???
I honestly dont know whats going on , everything possible , very bad or very good , I find that uncertainty very attractive , and very risky as well .
GLTA
