The share structure that has been in the IBOX since June has the exact numbers that Skillen posted yesterday. EXACT! I seriously doubt MGLG is buying back any shares. I just think the share structure has been confused for a while now, and I would bet if you called the company or the TA, that both would say, no, not one share has been bought back at this point. Keep in mind that this company had been diluting to pay its bills... so now suddenly they are taking money and buying back shares?
I believe they have far bigger projects to fund, and other priorities with any money that has been made short term... to start spending freed up money on the share structure at this point. I just don't know how they go from diluting like mad to pay the bills to suddenly so much excess money they can spend a million on reducing the shares after only a month or so online. Just my opinion. The good news, however, is it appears they are no longer diluting and haven't been for a while now.
COPIED FROM THE IBOX:
SS around 4th of June.....
Authorized Shares: 30.0B
O/S Shares: 17.19B
Float: 6.18B
Restricted: 11.01B
Market Cap: $6.87M
The only difference is the Market Cap.
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