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UFO

02/27/18 9:54 AM

#6536 RE: penn33c #6535

Zynex is what we'd call a "closely held" stock. The biggest reason being the HUGE percentage of shares owned by Thomas Sandgaard. (38.7%) The lack of available float may actually hinder us to a degree from attracting institutional buyers. The big guys like enough liquidity in an issue to assure them being able to get in and out easily and it's going to be tough to buy size in $ZYXI without driving the price way up. However...once we hit the NYSE some of them will buy us and they will drive the price significantly higher.

UFO
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andranigian

02/27/18 10:25 AM

#6537 RE: penn33c #6535

Agreed. I’m not selling my small stake either.