Allow me to explain A/S and O/S as I see it and I
Post# of 41413
Allow me to explain A/S and O/S as I see it and I am going to make the assumption that right now they are about equal......A/S = O/S = 3.96 billion shares).
In early February of this year I was involved in attempting to bring the top 10 investors together (from as far away as California, Florida, and Riga, Latvia!), a group which I playfully termed "the whales".
Of the 10 who were to attend, I believe that between 3 of them there exists a total of 1.9 billion shares (my group alone now has just over 350 million shares, and another group has an estimated 1.3 billion shares). Of the remaining 7, if we very conservatively attribute 100 million shares to each of them, we have accounted for at least 2.6 billion shares in total (1.9 billion plus 700 million).
Management has 1/3 (roughly about 33%) or a little over 1 billion shares.
That gives us at least 3.6 billion shares in the hands of those who are "long".....that is, the effective float for BLTA shares is really only about 400 million shares - AT MOST!
What I expect you will see......starting perhaps as early as the end of April.....is a very big increase in demand for BLTA with a very short supply. Shares traded will be in the 10s of millions (to hundreds of millions?) per day, and as each new investor buys in, many will hold for a quick flip return on their investment.
In other words.....those buying at .03 will hold till BLTA reaches .04, then the .04s will hold till .055, etc.
Once the excitement starts spreading, BLTA will be on a slow and steady growth northward.
In the past I have stated, "Anything less than 2 cents is a steal, anything under 5 cents is a bargain!"
LOL.........enjoy the ride! I believe that all the BLTA longs have the potential to become super RICH!
BLTA is going to be rising by pennies per week once the ticket sales and the advertising and the PRs start rolling out (May 2014?).
Supply and Demand - and the supply is limited and the demand should be skyrocketing.
Enjoy the ride!
To infinity, and beyond!