Replies to post #43689 on NFT Marketplace Inc (NFTM)

[lambchops]

Hi Sam! How about maybe they'll just retire 300,000 shares to DTC rather than do a split? Or just leave it the way it is for now for future expansion?

Why talk of such things and spook possible investors?

Do you know if their financial backer has a history of doing RM's?

Guess we'll see how it plays out.

All the best!

LC

BAAAAAAAAAAAAAAAAAAAAAAAAAAABL

[dsmith2]

Sam, any idea why they would want to reduce the shares that can be sold into the market? The authorization is there to put out there 500 million. They only have 166 million in circulation. So technically speaking, there are only 166million shares right? Isn’t that like saying that you are preapproved for a loan, but you haven’t actually loaned the money yet?