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Stef07

08/29/13 9:18 AM

#6475 RE: nyt #6474

NYT, if you go to OTCmarkets it shows 1221 shareholders as of July 9, 2013. Click on company info and scroll down right beneath share structure..GLTU
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VVVVVV

08/29/13 9:37 AM

#6476 RE: nyt #6474

nyt.....it's called DILUTION!!

They recently went from 586 million outstanding to now over 831 million..here's your answer.
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jimr1717

10/22/24 10:32 PM

#133679 RE: nyt #6474

Mr spec... I hear what your saying. The sense I get, various things about this stock considered, is not cause for alarm, but a cause for "concern" is more prudent than having none... the main reason being that it was one of the most significant drops in both percentage & to the level it dropped to, at a time when it just seems it has enuff going for it, to not really expect it, AL least not in my very limited knowledge level. Some others, here on the board, with experience & knowledgeable also are a bit aggro over the seeming stubbornness the stock is exhibiting. After all, stagnation & then big dips w/o obvious cause, on the heels of more than tremendous potential news on patents progress & mngmt super upgrades, are fair reasons I think, to warrant a natural concern, at least to know why. But agreed it not necessarily that big a deal in itself, however, by your own gauge & measure, the nature of a pennystock, in general, is more volatile inherently, thus maybe an investor cannot trust it's stability as much as a big dog. Your point about magnified swing effect w/low relative shareholder numbers, is well taken, but that could also mean the swings are more potentially potent. Also where is the official number of stockholders? I saw a much lower # somewhere recently but not sure where..