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marylandstockguy

04/12/24 10:05 AM

#33604 RE: PStockPickz #33603

I'm pretty confused too - is it getting loaded or is it dilution reflected from the OS now at 44 bil? Suddenly 465 mil traded? (and I'm 15 minutes behind).

I am going to try reading through this quarterly. What's pretty shocking to me is that as of March 31, 2024, the OS was still under 9 bil - now here we are on April 12, just 12 days later, and it's over 44 billion. Wow.

seven77

04/12/24 10:13 AM

#33607 RE: PStockPickz #33603

The 36 billion are restricted issued for the purpose of the merger. They can't trade those yet.

Due Diligence Virtuoso

04/12/24 10:24 AM

#33613 RE: PStockPickz #33603

The adjusted O/S is controlled by the new Management team. It is in the filings and it is roughly 80% of the O/S and it all restricted shares.
Bullish
Bullish