Replies to post #13843 on Bitzio, Inc. (fka BTZO)

[HokieHead]

Insiders own a ton and CEO sold his company for .0015 a common plus CEO and CFO getting paid 60% in commons at .0015. Commons in their best interest. Will go a lot higher.

[WHITTENHALLJR]

I think this is one of the safest bets in the trip park

[BigJuan]

Nope I do not see that happening here anytime soon IMO.

Confirmed OS is 1.4 billion. I believe it could be more like 1.75 billion at this point based on conversion that occurred a few weeks back.

Lexi Luu received 300 million common shares in July share exchange
Emotion received 350 million shares in July share exchange
Ex Ceo's wife and other affiliate received 200 million shares for release of Lexi debts to the company in the July exchange agreement(not sure if they still hold or not but assuming they will look to liquidate if they haven't).

Angie Daza, Hub Blanchette, and Marilu Brassington all received 50 million shares which vest quarterly over 2 years. Means approximately 106 million of that is currently locked up.

My best guess here is we are looking at a float of roughly between 700 million to 1 billion based on estimated current OS and depending if ex CEO's wife and affiliate unloaded their exchange agreement shares last year.

This is my best guess so anyone who can find anything I'm missing please feel free to chime in.