I think the idea is to make current shareholders feel like they’re stuck in an illiquid stock with a 1.8 million float. Do you realize how high of a PPS this can run to? But clearly the majority of the shareholders don’t want to acknowledge that because of the “trapped” mentality that has permeated the minds of the impatient.
Had I not been here since early 2017 and banked massive profits last year, I’d probably feel the same way. And that’s just being honest. However, it’s going to be truly insane whenever Trina decides to pump this stock. I’ve already come to the conclusion that he is in full control here. There is a reason he has kept the float as low as it is...and even went as far as to cancel more shares. I don’t know what his plan is for the stock (which is important since it is entirely separate from the company), but I’ll be along for the next ride as usual.
It’s just one of those stocks, I guess... :-)
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