Agreed. Yeah I'm not sure either. I've seen some high volume here and there, especially AFTER the election. That is what helped get it to the area it is now. It was hanging around the .17 to .18 area for a couple of weeks. After the election it kept dropping and dropping. I know it's a BK stock, but it did have some stability around that area.
I didn't see any large volume, unless this was sold in some other way that we missed. No clue really.
I'm not sure if this will help any cases, or make it worse. You would think that if only 8 to 9 million shares out of the 89 million out there, those are only a few and should be worth a lot more. If they did a decision on what it's worth to those current share holders, you would think they would say "ok, we'll settle all outstanding shares at $1 to $2 a share and that is valued at 9 to 18 million total". I guess that is better than having 50 million shares being owned and they have to pay 50 to 100 million. who knows.
Maybe that only a small amount of shares also means they may be "nice" and say "we won't reissue new shares" or say "we will give those current share holders stock in the new shares".
I know it's all "dreaming", but now its kind of odd that not many shares are owned anymore. Yeah its over 8 million, but it was just 50 million not too long ago.
anyone have any opinions/takes on what this?
AI
