If hjoe mgt is savvy/creative they should be able
Post# of 15187
(Total Views: 421)
Posted On: 07/07/2017 5:38:56 PM
If hjoe mgt is savvy/creative they should
be able to minimize the float by swapping Series A/B preferred shares for commons that are in the retail/market. They could take out a bunch of existing shares by drawing on the Preferred A/B. (mgt could take the commons out for a year or totally take them out, but lose the preferred.)
Depending on the amount of Series A/B they have now, it may be able to decrease the float by 30-50%.If that happens, the run north will be 1.5 to 3 times as great....
it really is up to hjoe mgt, with how much they want to make and the valuation they desire for their company.( Not doing anything to the float would not be very smart) I can't see hjoe not wanting to capitalize on their hard work immediately.
ts
be able to minimize the float by swapping Series A/B preferred shares for commons that are in the retail/market. They could take out a bunch of existing shares by drawing on the Preferred A/B. (mgt could take the commons out for a year or totally take them out, but lose the preferred.)
Depending on the amount of Series A/B they have now, it may be able to decrease the float by 30-50%.If that happens, the run north will be 1.5 to 3 times as great....
it really is up to hjoe mgt, with how much they want to make and the valuation they desire for their company.( Not doing anything to the float would not be very smart) I can't see hjoe not wanting to capitalize on their hard work immediately.
ts
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