BOOM I think we found something big here Gordo. Cede and Co. didn’t show up 1 year ago. I checked the quarterlies their share ownership has been increasing, big time. It’s 200+ million now. If I’m correct it could be 300+ million by next quarterly statement.
Whatever it is, those shares being masked by Cede and Co. began THIS YEAR. I.e. something is happening. IMO the company might have wanted to mask their buyback so they could buy at lower prices and not cause an increase. Or it could be an investor or separate big entity that needs to mask for some other reason. This is exciting. I think the company had debt and is buying up the converted shares.
I understand the stock action and dilution is horrific but I really think (and hope) there is a method to this madness.
Big news —> 50% share reduction —> uplist —> ???
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