Replies to post #34870 on Solei Systems Inc. (fka SOLI)

[was16]

I see that. They are not on the bid yet.

[Neophius]

GTSM acquired and replaced CANT in May.

https://www.bloomberg.com/press-releases/2019-05-22/gts-closes-acquisition-of-automated-etf-wholesale-otc-market-making-businesses

A little background on CANT

https://www.32trades.com/market-makers-knowing-what-youre-up-against/

The list above is based on order of recent activity with AEXG being the most active in transactions and CRTC the least active. The “Three C’s”: Citadel Securities (CDEL), Canaccord Genuity (CSTI) and Cantor Fitzgerald (CANT) are almost always on a ticker together with the four more trusted sources mentioned above. While these “Three C’s” are rarely toxic diluters, they can be heavy short sellers at times, taking advantage of a good thing which is part of the game.

Take that quote for what's it worth.

Also this (from Smitter):

Outstanding Shares
170,982,819
12/10/2019
Restricted
134,182,690
12/10/2019
Unrestricted
36,800,129
12/10/2019
Held at DTC
34,422,550
12/10/2019
Float

That is 55,980,000

It is an odd number... Not sure if it is Compensation for new or existing directors, could be acquisition shares or even funding shares converted..

Won't know until a PR is released until April or May when the Annual Report comes out...

It did raise the Market cap significantly..

I would not look at is as a negative or a positive until it is known why so many shares were issued..

I think it's part of the upcoming compensation package personally.

[aries4747]

GTSM on Bid, too. OTCX was on the Bid for about 20 minutes today, shortly after open.