{{{{{WHY TICKER CHANGE IS TAKING LONGER}}}}}}}}}}
Post# of 29251
I got a call this morning from a few investors they think this is the reason.
UTOP plans to 2 do things at the same time
A stock buyback is solely a balance sheet transaction, meaning that it doesn't affect the company's revenue or profits. When a company buys back stock, it first reduces its cash account on the asset side of the balance sheet by the amount of the buyback
or
'Retired Securities' Securities that have been repurchased by the issuer out of the company's retained earnings and cancelled according to Securities & Exchange Commission (SEC) regulations. They have no market value and no longer represent a share of ownership in the issuing corporation.
A stock buyback is solely a balance sheet transaction, meaning that it doesn't affect the company's revenue or profits. When a company buys back stock, it first reduces its cash account on the asset side of the balance sheet by the amount of the buyback. Say a company repurchases
It takes longer because changing the balance sheet
So if that happens look out we will fly
This is my opinion but their goal is to to move up bet time to do it
ANY ONE AGREE