that I agree ...
but O/S should hadn't been increased in the first place according to March 12 pr and company's reducing O/S. Also the stock activities in the last days is LIKELY saying shares have been dumpped into the market.
First you said NO O/S increase because of the company said so. Many longs attacked me for bring up the idea that O/S could had been increased.
Now we know for fact that O/S has been increased, many longs move on and saying ... well, it could just not being in the marking.
What's the next excuse if in fact we get confirmation that shares got put out in the market?
Why keep finding excuses for the company and keep setting for lower expectation? Why not try to get the company to hold up to its promise?
March 12 PR:
Currently, the number of issued and outstanding shares of common stock of the company amounts to approximately 445 million, and is structured as follows:
-- Total: 445 million
-- Free-trading, Certificated: 330 million
-- Free-trading, Electronic (the "Float"): 115 million
The Company will be working over the next several weeks to secure cancellation of additional shares as part of its efforts to improve the quoted price per share of Xtreme's common stock.
March 21:
O/S float non restricted: 539 millions
April 10:
O/S float non restricted: 597 millions
152 million increased in 1 month while saying it's reducing O/S. What's up with that?
Shareholders deserve explaination.
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