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DawgTrading

03/27/24 11:25 AM

#19527 RE: Starlost #19526

$ABQQ Sup! there has been some share cancellations... no dilution (as of yet in 2023 or 2024 that I can tell)

Form 4s also filed in the past CEO bought back some shares.
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Fallingknife75

03/27/24 12:01 PM

#19533 RE: Starlost #19526

The company is actively working to reduce their share structure.

https://www.otcmarkets.com/filing/html?id=17235436&guid=Yad-kacHN5wfJth

They are also anticipating a huge revenue increase (over $10m) in their Q2 numbers, due out in two weeks. Compared to only $800k in Q1.

https://www.otcmarkets.com/stock/ABQQ/news/story?e&id=2785001

The profits from the projected quarterly numbers will give them ample $$ to buy back more shares if they desire to. Its possible that todays large volume spike was caused by Market Maker manipulation in order to buy back shares, but there is no way to verify that at this time.

All the best,

Knife
Bullish
Bullish
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ice trader

03/28/24 10:49 PM

#19535 RE: Starlost #19526

No, think at some point if they continue to buy back shares, make movies, and expand tv network, it will gradually climb and the guys with 20 or 30 million shares will do well . Very well. It may take a year or two but Rome wasn’t built in a day.