investorcg you are right CMKX might have retired some shares that were OS but that doesn't mean that there weren't billions of other OS that didn't get retired.
I play a lot of S-8 plays and I can spot dilution a mile away. BSIC REEKED like dilution stronger than green from humbolt co. CMKX has no revenues. How do you think they sponsor car races and pay their % of costs for the exploration? The only way they can get money is by selling shares and they had expenses which had to be paid for. Which means there had to be a MM selling shares and I would be willing to bet $1000 for $100 that it was BSIC selling those shares.
You say the stock trades like it has 250B-500B OS(BTW float matters how stock trades not OS)?!?!?!? I think you are WAY of on that. Considering we had a 20B volume day after an 1100% runup and +66% open even 250B sjares seems outragous. Don't you think a stock would trade more than 4-8% of the shares out after 1100% run?!?!?!?!?! Don't you think more than 5% of the people cashed out today?
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