My point exactly. People seem to forget that converting shares to commons is not the same as selling shares already converted to commons.
The first step is to convert shares to Common stock, the second will be to sell it. Which is what is occurring at the moment. People get that confused a lot.
Thank you for the DD tonight. I totally agree with you & DrPennystock. EOMN is a great LT investment.
Right now though retail is absorbing common shares coming off restriction. IMO this will continue for quite a while since there's 78M restricted common to be absorbed by retail. Will they all be sold? Who knows! My gut tells me "Yes" since the issue price was between .0025 -.005
Cache, there's no need to respond to my post. You're not going to convince this retired CPA that I'm wrong, because I'm NOT! OS & Valuation are relevant in the NASDAQ & NYSE only. Not OTC.
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