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Posted On: 10/18/2021 6:32:59 PM
Post# of 148903
Concerning the soon to be authorized 200 Million shares of CYDY. I completely agree and will vote all of my voting shares to this end.
However, question(s)? What are the Mechanics of a new issue? Nothing is too basic. I feel this might be a decent discussion to hold this week.
Of course, the company issues 200M shares, and pockets the proceeds.
Okay, I'll start:
Do they have to issue all 200M on Oct 29th, or if can they wait until the share price is more beneficial to the Company?
Can the Company issue portions of the 200M as needed, or must it be all at once? Trial by trial, for instance. Or batch by batch?
Would not those profiting from shorting a stock want those shares to be sold at a hire value, so that they could continue to undercut them on a daily basis - in other words, might the foot off come off our necks so that the foot can grind off the calluses? Might there be an uptick, if so?
TIA for the mechanics of an issue of 200M shares, if voted in by shareholders,
Chazzle
However, question(s)? What are the Mechanics of a new issue? Nothing is too basic. I feel this might be a decent discussion to hold this week.
Of course, the company issues 200M shares, and pockets the proceeds.
Okay, I'll start:
Do they have to issue all 200M on Oct 29th, or if can they wait until the share price is more beneficial to the Company?
Can the Company issue portions of the 200M as needed, or must it be all at once? Trial by trial, for instance. Or batch by batch?
Would not those profiting from shorting a stock want those shares to be sold at a hire value, so that they could continue to undercut them on a daily basis - in other words, might the foot off come off our necks so that the foot can grind off the calluses? Might there be an uptick, if so?
TIA for the mechanics of an issue of 200M shares, if voted in by shareholders,
Chazzle
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