InvestorsHub Logo
icon url

chaostrader

07/29/22 9:32 PM

#88528 RE: Beauneedsbiscuits #88527

I am not counting the restricted shares.

During an exchange (r/m) there is significant amount of shares allocated includes restricted and sometimes unaccounted for free trading.

FT is what your seeing freely unload on SFIO on a daily basis. Only glimmer of hope is SFIO does not issue any new shares, if they do it will make the matter worse.

A reserve stock split won’t make a difference, however, it will make matters worse for the company if they go through with one.

Didn’t know the CEO was an ex-plumber.

JMO