This is actually a good thing, Data443 owns classic docs.
the way it was bought (giving Jason 1.2 billion common shares) is a way to expedite getting rid of outstanding shares. He can convert these shares and the employee stock plan to preferred and quickly reduce common share count, especially if he’s also been buying on market
Click my id and look at my posts from February/March. Back then there where discussions/predictions of retiring shares. Read through them, for those of us that’s been through the “dive to .009” it doesn’t phase us anymore because we constantly get evidence of earlier discussions coming to fruition.
Who was it that said “I love it when a plan comes together”
I don’t know if we’ll see another drop to .009- any newbies read posts back from February and hold tight through it. Some of us that don’t post all the time (like me) will come on and try to help explain new filings.
To newbies that may have sold scared...We have people on here with strong tech backgrounds, securities backgrounds and charters. Learn who’s consistent and look to them for re-assurance when things look rough.
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