#1 I can't agree with. And actually around 300 mil
Post# of 791
Posted On: 01/14/2016 10:34:52 PM
#1 I can't agree with. And actually around 300 million shares converted at .001-.0015 and another 300 million converted at .0018-.0021 . So if 1 is your argument it is definitely not cheaper.
We won't know until the 10K how many shares converted lower than .001 but I personally think another 200 million or so.
My point is it would not be to the companies benefit nor would they have the change to buy back shares.
#2 also can't agree with. They have 5 days to notify of a material event, pink or not. Again there is no benefit to withhold news of this stature. Is there a payment with the deal? Maybe, but I again think buying common shares is not a priority
#3 I don't think the company cares how big or small the RS will have to be necessarily. Insiders have anywhere from a couple million up to 8 million shares...so what? People on iHub have just as much if not double triple this amount. I agree that they want to make shares worth as much as possible but does it really matter for them? I don't think so. They all own less than 1% of the OS.
Toxic debt boned the sh1t out of share structure and I'm sure it was never meant to happen this way. My guess is any insider that matters gets issued preferred shares and RS has no effect on them.
Hell I hope your right though. A share buyback clearly has much advantage, but the company needs mucho dinero to do that and they'd be spending more if not the same amount that they issued the lenders.
I strongly believe we are at 1 billion OS minimum.
It is curious how much strong support we seem to have, while also trading what I consider to be small volume in the sub pennies. This always shows signs of a small float so to speak. Meaning these shares must be going somewhere good...
One more thought, if they are loading. How much longer do they wait until filing a 13g or form 4 etc. pink or not, they'd be doing some illegal shit if it wasn't publicly announced sooner or later. Of course the pps would jump on that kind of filing.
Multiple 13g or form 4 hit and company/insider owns 25-40% of the float. Cha Ching.
Just rambling now lol. Good night bro!
We won't know until the 10K how many shares converted lower than .001 but I personally think another 200 million or so.
My point is it would not be to the companies benefit nor would they have the change to buy back shares.
#2 also can't agree with. They have 5 days to notify of a material event, pink or not. Again there is no benefit to withhold news of this stature. Is there a payment with the deal? Maybe, but I again think buying common shares is not a priority
#3 I don't think the company cares how big or small the RS will have to be necessarily. Insiders have anywhere from a couple million up to 8 million shares...so what? People on iHub have just as much if not double triple this amount. I agree that they want to make shares worth as much as possible but does it really matter for them? I don't think so. They all own less than 1% of the OS.
Toxic debt boned the sh1t out of share structure and I'm sure it was never meant to happen this way. My guess is any insider that matters gets issued preferred shares and RS has no effect on them.
Hell I hope your right though. A share buyback clearly has much advantage, but the company needs mucho dinero to do that and they'd be spending more if not the same amount that they issued the lenders.
I strongly believe we are at 1 billion OS minimum.
It is curious how much strong support we seem to have, while also trading what I consider to be small volume in the sub pennies. This always shows signs of a small float so to speak. Meaning these shares must be going somewhere good...
One more thought, if they are loading. How much longer do they wait until filing a 13g or form 4 etc. pink or not, they'd be doing some illegal shit if it wasn't publicly announced sooner or later. Of course the pps would jump on that kind of filing.
Multiple 13g or form 4 hit and company/insider owns 25-40% of the float. Cha Ching.
Just rambling now lol. Good night bro!
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