Hi, nudie good morning.
1.) The OS is 412 Million. Not 450 mill.
2.) The CEO and CFS converted $200k in debt which automatically becomes Restricted. They cannot sell 1 share for 6 months than after that they can only sell approx 1-3% of their holding every 90 days. In this Case GEQU did it to prevent a hostile takeover because all the Preferred stock was returned to the company. It's a extremely bullish sign. So do not worry about 1 share hitting this market.
3,) The CEO has already built a 2.2+ billion dollar in this arena before and they are well on their way now nailing 19 clients already and 4 will be coming to exchanges in less than a year and IMO 1 of them much sooner than that. Less than 6 months.
4.) The company is not interest in toxic debt or dilution. They went down that path for some immediate cash last year and quickly realized nooooooo this isn't what they wanted to do. The pulled out paid some back and the rest has been converted. There is less than 30k on the books which will easily be digested in the market.
Real the 8k a few times from yesterday this one is a winner no doubt.
Best of luck.
Regards
Smitter