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Re: Wizard of Wall Street post# 1654

Thursday, 03/06/2014 12:44:04 PM

Thursday, March 06, 2014 12:44:04 PM

Post# of 32851
The O/S is 47.6 million shares... that technically puts market cap here at near $40 million. HOWEVER, the recent Private Placement from January makes up 12 million of the O/S... and it has a 4 month holding period... AND the CEO owns millions of shares that further reduce the float. The fact is that the current float is under 30 million shares. THUS, at $0.75 pps, the tradeable market cap is no more than 22.5 million dollars... which puts Abattis in an incredibly strong position for move to multiple dollars in a matter of days. Abattis Rising!
http://www.cnsx.ca/CNSX/Securities/Life-Sciences/Abattis-Bioceuticals-Corp.aspx

all my posts are my opinion only.