$TPAC Something speculative to ponder: Bill ha
Post# of 98046
Bill has mentioned a $2M share buyback upon the acquisition(s) of two companies. The current share structure according to Otcmarkets is:
O/S = 3,829,346,478. Let's operate under a hypothetical scenario that the two acquisitions are announced at a price per share of .002 (*current price as of 12/8/15 closing is .0013) with an offical SEC filing pre-market that states the $2M buyback has gone through after-market of the previous day or pre-market the day of, rendering the share structure changed favorably by opening bell. Here is what the new structure would look like.
$2,000,000/.002= 1,000,000,000 shares purchased back
O/S of 3,829,346,478 - 1,000,000,000 = 2,829,346,478 outstanding shares remaining
2,829,346,478/3,829,346,478 = 0.738858835 or approximately 73.9 of O/S is now available
100- 73.9 = 26.1 percent reduction in number of outstanding shares
Therefore, under such speculative terms, the $2M dollar buyback at a hypothetical price of .002, reduces the share structure by over one-fourth, at 26.1%.
Couple this with the intrinsic value of the companies acquired, a possible JV and purchase orders, and this thing is going to move like crazy. That means that as steady as we have been climbing lately, with a share structure that is 73.9% of what it is now, we are going to add gas to the fire. Should this go through, I would expect the float to tighten further as many will second guess old exit points and will instead reconfigure their analysis in favor of going long; longs will inevitably be holding and likely buying more as the volatility trends favorably.
Anyway. Just a scenario that was flashing through my mind earlier. Maybe it will come to fruition and maybe it prove to be nothing more than conjecture.