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Viva Entertainment Group, OTTV
(Total Views: 258)
Posted On: 04/13/2019 4:39:09 PM
Post# of 2840
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Posted By: AJH92
Share Structure - As At April 12, 2019:

Authorized Shares: 200,000,000

Outstanding Shares: 41,935,592

-- Restricted: 6,745,868

-- Unrestricted: 35,189,724

-- Of which held by DTC: 33,280,538


Analysis:

Only 33M shares available at the DTC.

That explains why $OTTV is so thin to the upside.

At the current rate of trading - 1.895M per day on April 12, all shares would change hands within 18 days.

Many of shares at the current basis upwards are held by the legacy pre-r/s share holders who - if they are smart - will buy more shares in the .2200 to .6000 range so that they have a greater number to trade with going forward. The sooner they buy, the more shares they can get for any given amount of $.

They can then convert those new shares to "free" by selling the pre-r/s cost basis shares once they have gone into a conservative profit.

That's exactly what those following my strategy for trading successfully through a r/s have been doing from the bottom up already.













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"Per Ardua Ad Astra" - "Through Adversity To The Stars"

A very apposite motto for those who trade successfully in the OTC market..

All posts are my opinion - trade at your own risk.



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