Analyst,
I repeat to you one more time that THE AUTHORIZED shares for OPGX is 100M ....
There's no way to see 8 billion shares for this stock !
Please , read again this post from Pennytrader ...
Kind regards
Posted by: ThePennyTrader Date: Sunday, April 12, 2009 11:36:49 AM
In reply to: The Analist who wrote msg# 4019 Post # of 4049 [Send a link via email]
No, that says there is a potential to be that many shares. That figure assumes that the note holders would convert their notes at a price of par value of .0001. Obviously as the share price increases the number of shares required to convert the notes decreases in rapid succession. Also please note that the notes do not HAVE to be converted right now or anytime in the near future.
At last count the O/S was 85 million with less than half of that in the public float. More than likely the number is slightly larger now, but certainly not appreciably. The share count still remains extremely low for a penny stock and it still moves on air when people buy at the ask.
What we have working for us is an extremely nice looking chart in which our support base continues to move up each and everyday.
I'm not going to tell you what to do with your money, but I would say that OPGX is shaping up to be a very good investment at this point, with plenty of room to run.
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