Replies to post #107561 on Mike The Pike Productions Inc (fka MIKP)

[imiloa]

wadi, there's no point debating someone
who isn't interested is a rational debate.

especially someone
who flips their script
the moment they buy-in.

and will likely flip the script again
the moment they sell.

it is what it is.

which, typically,
is a waste of your time. 😢

[Nikodemos]

DISTORT THIS:

Friday, May 05, 2023 4:25:54 PM Backstabbed wrote:

Float getting locked up

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171851631



05/05/23 11:34 PM #102114 RE: Backstabbed #102113 TenKay wrote:

“Float getting locked up“

LOL…good one.

The float is close to 2 billion shares.

https://investorshub.advfn.com/boards/replies.aspx?msg=171851631



05/06/23 1:12 AM #102115 RE: TenKay #102114 wadirum1 wrote:

40 people with 50M each, plus or minus. Not locked, but maybe pretty tight.

I've CONSISTENTLY POSTED TWO PROBLEMS with this statement of yours:
A. The last reported Float per TA = 1.7B shares

40 people with 50M each, plus or minus.
B. "Not locked, but pretty tight"

I've written 40 x ~50M = 2B "pretty tightly held"



PROBLEM 1:
The FLOAT = the freely tradeable shares

Which would imply MORE SHARES are HELD "pretty tight" than have been REPORTED TO EXIST (as tradable)!!


Which makes

PROBLEM 2:
All the more amazing!

Namely, how ~600,000,000 (SIX HUNDRED MILLION) tightly held shares GET DUMPED from $0.0014 as I have been SHOWING with TAPE SNAP after TAPE SNAP in which SELLS have CONSISTENTLY CRUSHED buys for nearly ALL of the ~40 days post PC (& my tracking those things).



I'll try to address ONE THING at a time because I can tell how OVERWHELMING THE FACTS & REALITY must be for you!

FWIW, I did track down this mysterious comment you keep making about the float. Apparently you are referring to a post of mine where I was responding to Tenkay. He was suggesting that a 2B float would be hard to lock up in the hands of strong investors, and my response was that it would only take 40 investors with 50M shares each to own all of a 2B float. That seems like simple math to me, but somehow you've managed to twist it beyond all recognition into me saying the float was 2B and that I was saying nobody would be selling.

Nothing TWISTED from my pov. A pretty accurate read of the discussion! English being my 3rd-language I usually DEFER to whomever is questioning what I've written. But in this case... & after posting the thread in review; I think my interpretation, characterization & conclusions are accurate! Sorry,... we can agree to disagree.

You did NOT respond "that it would only take ..." (40 investors with 50M shares each to own all of a 2B float). Your ACTUAL response is posted accordingly. .. & that phrase, comment &/or preamble is COMPLETELY MISSING from your ACTUAL post!


Moreover, AS I HAVE SAID & REPORTED MULTIPLE TIMES:
The TA lists the FLOAT as 1.78B




And then the FOLLOW UP QUESTION (if you meant to infer what you've NOW ADDED):
[] Why is the FLOAT & I quote, "Not locked, but maybe pretty tight."




Furthermore,
[] why would you BE SURPRISED that 600M shares came CRASHIING DOWN,
[] if you didn't think the float was "pretty tightly held"?




You're welcome to keep your answers to yourself. I have already made my observations. And stand by BOTH my reading & take,.... & my commentary on what WAS ACTUALLY SAID.. & not your inferences here... Sorry.




JUST THE FACTS PLEASE!!