Posted On: 11/08/2014 3:54:24 PM
Post# of 7769
Re: celtics2014 #5069
I stand by my statement from many months ago that on the Ihub "depends" board there are well less than 1m shares aggregate and thats being very generous. So the impact of that forum is even less than Ironridge's 1.6m shares.
Here is what I believe. In my humble opinion I am of the belief that Seaside is already 50% done I will guess 2.5m shares left and thats it. I believe BKRT,BHMM, and Bmak are comprised of Seaside. So add Ironridge to the equation 1.6m thats no more than 4.1m shares which is the most. Of the 24m shares at .05 probably quite a few have been flushed out and the rest I believe will hold for far greater levels.
Bottom line: We have done 7m shares the last 9 days at average price .12 approx 840k dollars have been traded, so we cleaned up a lot of paper. My best guess is at the most we have 7m shares to go thru which is supply that will ultimately be taken care of well within 6-9 months. It could be as short as 8 weeks or less if we get catalysts that move the stock.
This is the least amount of supply we have had on the books in a long time. I believe the core holders will not be sellers here the majority anyway. So when we contend with 4.1m shares from Seaside and Ir ( including IR) we are DONE WITH ANY OUTSIDE ENTITY.
Here is what I believe. In my humble opinion I am of the belief that Seaside is already 50% done I will guess 2.5m shares left and thats it. I believe BKRT,BHMM, and Bmak are comprised of Seaside. So add Ironridge to the equation 1.6m thats no more than 4.1m shares which is the most. Of the 24m shares at .05 probably quite a few have been flushed out and the rest I believe will hold for far greater levels.
Bottom line: We have done 7m shares the last 9 days at average price .12 approx 840k dollars have been traded, so we cleaned up a lot of paper. My best guess is at the most we have 7m shares to go thru which is supply that will ultimately be taken care of well within 6-9 months. It could be as short as 8 weeks or less if we get catalysts that move the stock.
This is the least amount of supply we have had on the books in a long time. I believe the core holders will not be sellers here the majority anyway. So when we contend with 4.1m shares from Seaside and Ir ( including IR) we are DONE WITH ANY OUTSIDE ENTITY.
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