It is not unreasonable to assume that if a PR is released relating to TPAC's involvement in a blockchain like ledger system for the aerospace industry, a rush of new investors will likely scoop up whatever shares are still in the float. As S7 has pointed out, there are still preferred shares to be converted. Once those are printed, then the share buy back process will have the ultimate effect. I am not sure how much are left. I do recall there were 10 billion total, not sure though. If Bill is going to release news in early January, then I would assume that the conversion is almost complete. Why provide a big news item when there is still more conversions to be printed? The additional conversions would scare aware money/investors and would inhibit any appreciation of the share price. The release of information and preferred shares conversion would have to be timed just right in order to maximize shareholder/company value. Could be wrong, but this makes sense to me.