Replies to post #31604 on Eline Entertainment Group Inc (EEGI)

[timetomakemoney]

The company didn't update the FLOAT. Just the OS and AS. Very sneaky. You have to ask why? Is the float 3,4 or 5 billion?

[BNP31]

I don't think it's a matter of personal timelines, but it's the manner in which events are unfolding. I don't see why the float should be a secret if they are seeking to be transparent. It's kind of counter productive and doesn't encourage shareholder's trust, in a stock where it's been pretty low already.

[kingpindg]

The 9.9% ceiling applies to the number of shares a note holder can hold at any one time. There is nothing that would prevent them from converting up to 9.9%, selling, converting up to 9.9% again, selling again, and on and on until the note was exhausted.