lets be realistic here. it is mot steve or mm"s wh
Post# of 40989
What is On4 Communications, Inc. (ONCI) Float?
The number of shares available for the public to trade. Float is calculated by outstanding shares minus restricted and insider shares
as of 10/31/2018 there were 2,889,751,027 shares in the float.
as of 10/31/2018 there was 83 share holders
there could be more now but dont have recent count so lets go with what we know.
2,889,751,027 / 83 = 34,816,277
the 34,816,277 is what each shareholder would be holding + -
now if a share holder put up 800,000 and dose a open sell the pps could go up or down because he is selling into the market. the direction dose not matter
now if same share holder sell 800,000 with a ask of .002 with a day limit they would all need to sell at the ask he put up in that day so the pps isnt going down
but it dose not work that way because some go with open sell some go with a locked day ask so now the pps can go down on open sell but back up on a locked ask
by not locking the ask shareholders are allowing this to go down not steve or the mm"s . JUST MY OPINION ON THE MATTER