Replies to post #6096 on Banneker Inc. (BANI)

[stockrider]

Company might have issued some new BANID shares and that may be what was floating around and trading daily. The old shares were not converted yet and even if they get converted, they will not have big impact on the OS since after RS the entire OS was converted to only 2M which is tiny (2B pre RS converts to 2M after RS). So bottomline if the company is still keeping the SS tight post RS, this will have a huge bounce into multipennies. I still think that all the volume last week was airshares sold by MM's by mistake and you can see now how this upticks and downticks on few thousand shares that tells the real story that the pps was brought down more than 95% for no reason