Hope this is not a stupid ? how do you buy restricted shares on the open market....I thought restricted should are not to be sold as long as they are restricted.
OUTSTANDING SHARES: The OS will not be changed until he retires those 195M shares. I am 100% sure of this
FLOAT: .He might get the TA to update the float or he might do it himself. It also might have to wait until shares are retired. I honestly am not sure how that works.If anyone truly knows that would help on this part.
The CEO is on a mission to reduce the SS in a big way buy buying these in open market at .0016 last ones for 43M and the 151M at .001 . Hes probably buying at .0018 right now as well. Its great we can still get shares for what CEO is paying. He said 1.6B shares buyback is the target number. Not to mention the over 7-9M revenues theywill have before the Taylor Swift revenues even come into play. Remember they have the 6.2M revs company with 1.118 Net income as per tweet it was done. Will show up on next Q filing.
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