Aren't Carmac and Extreme essentially in business together? I don't think this is about shares hitting the market. I think it is about providing Extreme with enough capital to blow the lid off of this naked short selling situation. That's why Carmac has restricted shares. They are working together to bring the best shareholder value to everyone. Let's just be patient and see what develops.
It makes no sense to sell at these levels in my opinion, but that depends where you bought at. Ok, it makes no sense for me to sell at these levels.
Dai: Would Alan be tempted to unload some of those 20 billion shares to retail investors to "pay off the loan to Carmac in time" would one suppose? (100 billion minus 80 billion shares)
Quote: "To accomplish this funding, Extreme has increased its authorized shares of common stock to 100 billion. The Company anticipates issuing up to 80 billion shares of common stock to complete the funding."
Unless I'm blind, I find nothing in writing from Alan regarding what he plans on doing with the 20 billion shares.
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