The float right now is 2.3I believe. The fact that Data443 now holds those 1.5 billion shares is great. He won’t dilute his own stock.
He’s authorized to issue 8.8bill shares. There’s about 4.3 billion issued (I didn’t look up actual #’s)
Let’s say Data443 wanted to buy Microsoft (I know a dream). They could file to issue 1bil from the authorized to buy, doing a capital raise - in this case there’s more shares outstanding (now 5.3bill), so we as shareholders may see a drop in share price - but ultimately it’s a good thing.
Let’s say Data443 wants $1mil dollars and issue 2billion shares to creditor (loanshark) and sells them the 2bil shares at .005- that’s toxic because they sell their shares and make triple
The market cap is usually annual revenue x a multiplier (we’ll use 70). If annual revenue is $25mil multiply by 70 (or whatever multiplier is some cannabis stocks where at 200+times annual revenue December/January and are now 70-90)
In a growth stock -shareholders speculate future revenue and push share price up
Market cap divided by outstanding shares = share price. So if Jason retires the 1.2 billion shares- we automatically win because Outstanding shares go down by 1.2 billion automatically increasing market cap
I hope that makes sense... it’s almost bedtime haha
There where some good things on that report.