Replies to post #9909 on Strategic Global Investments, Inc. (STBV)

[FEARANDGREED]

your question "So where did the other 2 billion shares come from"??
They got dumped on the open market by the CEO and are now available. I know that you are not that uninformed...but a lot of people are....Some people count on them to make a living...

[Recentiy03]

It seems impossible for the company to have run to 2 cents right before the grow facility PR if it had the current share structure/float. This leads me to believe all of the share structure changes were made over the weekend, and became official the morning the PR came out (yesterday). That being the case, how the heck did 4 billion+ shares get added to the float with less than a billion in volume?

[llessurK]

STBV Volume and Price Data (from DDAmanda):


STBV Share Structure (as of Nov 18, 2013):

Authorized: 1,000,000,000
Outstanding: 227,091,754
Public Float: 149,002,421

Total Volume from November 18, 2013 to February 11, 2014:

Volume: 1,888,117,900
Dollar Volume: $9,358,453

You are correct. The OTC Markets Public Float update number of 4,593,002,421 for STBV was obviously incorrect. No chance that there were an extra 4,444,000,000 shares added to the float since then. Not even half of that has even traded since.

Dilution can only occur at a rate no greater than 10% of the total O/S per round. Even if they diluted every single day since November 18 and every single share traded was a diluted share, it still falls very short of that update number.

Never seen such an egregious error like that before. I have noticed that Market Maker: BMAK has been gaming this stock since at least last Thursday (February 6) trading back and forth manipulating the bid/ask spread.