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vator

12/15/23 8:07 AM

#656083 RE: Zadie420 #656078

What you see is a total of 1.7 B authorized shares that will more than likely all be put into circulation by the time management gives themselves their bonuses over the next couple of years. The current C shares are converted to common following a three month waiting period. So those shares are being purchased to fund the company with some investors. When they are converted, they show up in the number. The other conversions are warrants that also put shares in circulation. Having angst or concern or a question about what you see is not worth the time. When they finally start making real money the total outstanding shares will be 1.7 Billion. The company did it to themselves and to shareholders. Just a fact.

CaptainObvious

12/15/23 9:02 AM

#656099 RE: Zadie420 #656078

Or scaring up cash for something. Who knows? Not us. We just own the company. Supposedly.
Bullish
Bullish