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Joecanada13

12/15/22 11:26 AM

#1499 RE: ZetaReticuli #1497

You speak as if you are the CEO and CFO yet the truth is you have no idea what they are going to do with their preferred shares
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Mojocash

12/15/22 11:29 AM

#1500 RE: ZetaReticuli #1497

Makes a huge difference to me. 1.5 million moves on air. 200 million needs lots of volume..... do you get it?? A 1.5 float locked for 6 months the is HuGE!!!
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dtboatguy

12/15/22 11:31 AM

#1502 RE: ZetaReticuli #1497

But…

The float will remain microscopic. As news comes out, there won’t be many, if any shares for sale. This is how things could get crazy.

Even adding the converted preferred shares to the OS will leave a manageable amount of OS.

Yes, it will make the MC go up by 36x. But, MC has little to do with the company’s actual value on a daily basis. You don’t have to look at many tickers to see that.
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Tiger Money

12/15/22 11:36 AM

#1508 RE: ZetaReticuli #1497

Agreed but it is all about float. Otc is ass back arcs and doesn’t care about market cap