Current and former shells can only issue restricted shares unless they file an audited approved S1. Takes forever..Our tiny float will stay tiny for a long time. During that time the hope is they use some of that capital to make a bunch of sexy and exciting deals
Last one....you are confusing authorized shares and shares outstanding. Just because they are authorized doesnt mean they will ever issue all of them. float and OS are still great. New filing due out in a few days.
Quick question did you just except this abandoned empty corpse to magically fill itself up with deals and companies all for FREE? No dilution. Just because its magic and we wished really really hard for that to happen.