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  4. Univec Conglomerate Inc (UNVC) Message Board

The "float" numbers will follow soon. The "unrest

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Post# of 86955
(Total Views: 694)
Posted On: 06/15/2021 12:16:36 AM
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Posted By: LVgliders
The "float" numbers will follow soon. The "unrestricted" shares include the "float" and the "closely held" shares. It is, "unrestricted" minus the "closely held" equals the "float". "Closely held" is stock bought in the OPEN market by insiders in their own personal account, and the shares don't carry a "restriction" because they were bought in the open market, like you and I do. But their stock is "closely held" stock and is NOT considered in the "float" because insiders don't trade and flip their stock. If the company is fully reporting, insiders have 5 days after the buy or sell to report it on Edgar for all to see. IMO, the fact UNVC has been dark and "de-listed" for over 10 years, I don't think insiders have to report their buys and sells, IMO. I would think Doc and other insiders have taken advantage of the low 'trips' prices over the years and bought stock. Doc has said "low float", I don't consider a billion shares "low float" so my guess is Doc and others have millions of shares "closely held", IMO. We are golden, IMO!


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