![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, January 27, 2012 10:03:35 AM
If few are buying, and the price is already around a penny, there's not a lot of incentive to flood the market with more shares."
I disagree, between 8/8/11 and 1/26/12:
1)The amount of restricted stock IS very clear as per BayCity T/A and has NOT substantially changed. Therefore these shares have NOT found their way onto the open market. What we can't confirm is who owns them.
2)If the company was worthless believe me there would be plenty of incentive to flood the market with more shares. Clearly the owners of the restricted think the stock will be worth more at some time in the future. Personally I hope they are correct.
All my opinion of course !
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM