Bob, I would guess about 6M SUWN shares left to be sold (shorts plus institution) after the last 2 weeks volume... and including the new warrants outstanding, probably there will be 5-10M more (to total 11-16M shares).
It does make sense to me now why insider try so hard to increase the stock price..
They themselves owned 24M shares.
The floor should be .167 because that’s the warrant price (and seems the ask is not that desperate to sell at lower price. But they do have a boat load of shares.
The seller at the bid are the shorts (naked shorts) IMO
I’m gambling at this point Bob.. but it’s a calculated gamble though..
I didn’t hold too much of it though.. just about 200K+ shares at .17-.18 average cost..
Listen to the presentation, maybe it will change your mind..
They seem honest to me and the researcher/phds sounds like they know what they are doing (unless the presentation is all staged and not really occurring)
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