Replies to post #21594 on Trend Exploration Inc (TRDX)

[Pink Current]

Float here is only 273M, the O/S is high due to the fact the new owners hold 1.1B shares, which aren't in the float.


$TRDX

[skichic]

But 1.1 billion were given to the merging company as control shares, they most likely will be moved to restricted and paid to current private shareholders. Usually they are locked for 6 months, after the RM is complete. So yes the OS is higher, but the revenues are literally 10’s of millions higher.

[creede]

Hi hdsmonkey.

Depends upon the size of the merging company. If they can handle the o/s then it’s no issue.

I will be first concede that’s rare, but the consensus DD here seems like it’s a distinct possibility.

As pumpish as that may sound!

[Smilin_B]

Incorrect

1.1B of the outstanding share count you typed has been sold by custodian David Lazar to Dazheng Longding.

Dazheng Longding, DC Holographics, Taisho - - whatever name you wish to call the parent company has locked up 1.1B+ shares. That is FACT not conjecture.

The LINE representative for our parent company has confirmed that they own in excess of HALF the outstanding share count, and there are many mid to long-term holders here that, in totality own 10-20% on top of that.

Any turbulence the stock is barely experiencing is due to the very short-term holders that are in this just to make a few hundred or $2,000. I plan on making a minimum of half a million dollars here.