InvestorsHub Logo

cowtown jay

05/21/23 10:10 AM

#39362 RE: dloggold #39361

The brokerages are all still reporting an OS of 119.08 (or 119.1M).

To me, that is not uncommon. I typically see this type of news reported by Ihub's linked site well before the brokerages report it.

cowtown jay

05/21/23 10:43 AM

#39364 RE: dloggold #39361

I think these details had to have been presented to the Nasdaq Appeals Panel. I really thought we would have seen Press Releases last week, announcing the completion of the merger, as well as the initiation of a 5:1 forward stock split, to accommodate the need for additional shares for our partner company. We owe short sellers the recognition for providing a significant increase in our Outstanding Shares, to make those shares available for our partner. The extension of our time by the Panel, to me, indicates a positive assessment of the viability of management's plan.