There is no correlation between the shareholders of record and value or desirability of a company. Also for someone that pretends to know it all you should know that there is a distinction between a "Shareholders of Record" and the actual number of shareholders that may be invested in a stock...Just google it!

If you are not convinced just look at any of the Biotech Marijuana Stocks that trade on the OTC market and see how many Shareholders of Record these companies have:
https://www.dailymarijuanaobserver.com/biotec...ana-stocks

Here are just a few:
Axim Biotechnologies, Inc. Shareholders of Record 44
Corbus Pharmaceuticals Holdings, Inc. Shareholders of Record 91
Cannabics Pharmaceuticals Inc. Shareholders of Record 69
InMed Pharmaceuticals, Inc. Shareholders of Record 112