Good post for people that don't go to ihub
Post# of 40989
DewmBoom Member Level Friday, 08/10/18 08:36:06 AM
Re: None 0
Post # of 186647
STOCK STATISTICS:
On 4/30/2018, the end of Q2:
OS: 4.44 billions, see Q2 filing
Float: 2.750 billions, see Q2 filing
If we subtract 2.750 from 4.44, we will be left with 1.7 billion shares. If we subtract the restricted shares that will be reduced by the CEO, we will be left with 0.3 billion or 300 million shares held by Livingston.
In summary, at the beginning of Q3 on 5/1/2018, Livingston had 300 million shares in hand to dilute. During Q3, 1.1 billion shares were traded. It is likely that Livingston managed to sell all its shares or a substantial fraction of them. Add also to that the 44 million shares sold by the CEO.
In principle, at the end of Q3 and the beginning of Q4 on 8/1/2018, it is highly likely that Livingston got rid of all its shares or they did the last episode in Q4, started on 8/1. So far in Q4, 150 million shares were traded and there is no way to have any shares left with Livingston.
In conclusion, all shares available for dilution by Livingston are now gone. It is time to load up big time as there is no dilution anymore, no RS, and no debt restructuring. THERE IS NO WHERE TO GO BUT UP FROM HERE ON.