Replies to post #38042 on Southcorp Capital Inc (STHC)

[MadeIt]

We haven’t seen new issuances yet. There is no way for them to issue new shares and sell them in the open market because they would be restricted for 1 year. Due to being a non reporting company, they can’t issue free trading shares. It would require a S1,S8,S11, 1/a registration statement for them to issue free trading shares which would take 3 months and we would see the filings.

I have an account at Centerpoint Securities and I could sell 5m shares on the ask and have it only show 10,000 shares.

[Calvin Hobbes]

Well we can discuss that it just about closed at HOD and there was a little bit of FOMO starting at the EOD. Now a lot more eyes have discovered this low SS monster. Just saying.