simple question....AABB or another company or whoever
How does a company, retire (Benny used the word retire) float shares that are not "Restricted" shares?
Benny stated the OS will be below 1 billion by 2022. The current Public O/S is 2.1 bil, with 297 mil restricted. Common stock cannot just vanish, or be surrendered...it must be purchased at market value.
This is a smiple question. Im not looking for any condescending response telling me to hire $1000 per hour lawyers to do DD. Just a simple answer
Benny says under a billion within a year, so if we remove all restricted, and add in an additional 800 million, we get to under a billion. The 800 million have to be bought. At the current PPS that's 88 million dollars. And lets not forget about that convertible note that has another 1.7 billoin shares left on it
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