(Total Views: 350)
Posted On: 12/06/2017 4:11:18 PM
Post# of 40991
Some questions/thoughts regarding share count
OTC Markets has the float at ~1.6 billion (as of 9/29/17)? Was that number in the 9/15 fins somewhere? It was not apparent to me.
For purposes of an example, if that number stays the same in the coming fins, and the new O/S is decreased from ~3.8 billion to ~2.4 billion (might be a bit higher with the debt paid off), would that mean 800M - or 1/3 - of the O/S is held by shareholders? (2.4 billion minus the 1.6 billion float)
I am still accumulating, and I know many others are. If so, maybe we are approaching 1 billion shares accounted for by now.
I am just trying to get a sense of where the O/S would need to be reduced to really start creating some buying pressure. Reducing the O/S by another billion maybe? SB has mentioned several times that increased shareholder value is a goal, so maybe he has another big share reduction in the cards for 2018 - after we uplist to QB. That type of reduction would also seem to make a buyout more attractive.
I know the revenues and many catalysts will definitely create buying pressure and increase PPS, but if reduced enough, a lower O/S and float could create even more, right?
OTC Markets has the float at ~1.6 billion (as of 9/29/17)? Was that number in the 9/15 fins somewhere? It was not apparent to me.
For purposes of an example, if that number stays the same in the coming fins, and the new O/S is decreased from ~3.8 billion to ~2.4 billion (might be a bit higher with the debt paid off), would that mean 800M - or 1/3 - of the O/S is held by shareholders? (2.4 billion minus the 1.6 billion float)
I am still accumulating, and I know many others are. If so, maybe we are approaching 1 billion shares accounted for by now.
I am just trying to get a sense of where the O/S would need to be reduced to really start creating some buying pressure. Reducing the O/S by another billion maybe? SB has mentioned several times that increased shareholder value is a goal, so maybe he has another big share reduction in the cards for 2018 - after we uplist to QB. That type of reduction would also seem to make a buyout more attractive.
I know the revenues and many catalysts will definitely create buying pressure and increase PPS, but if reduced enough, a lower O/S and float could create even more, right?
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