Read another silly post, actually a really dumb po
Post# of 13546
(Total Views: 74)
Posted On: 06/28/2025 8:42:09 PM
Read another silly post, actually a really dumb post, that stated:
There are literally thousands of companies in similar, or much worse situations re their A/S and yet they thrive or are relatively stable per their PPS.
So here are the facts.
. Snpw has an authorized share count of 1 billion shares.
. Snpw has 261,751 shares in the float. This leaves a whopping
999,738,249 shares unallocated where the Board could use some, none or all as they look to the future. Put another way, only .000261% of the authorized shares are in the float. 99.9739% of the authorized shares ( all, part or none) are available to be used as the company deems appropriate.
The poster actually suggested two things which I believe he is grossly inaccurate.
1) There are thousands of other otc companies with a similar authorized share composition. So thousands of other public otc companies have only .000261% of their common shares in the float. Such a silly comment.
2) The stock composition doesn’t impact the price per share. This would seem to suggest a loaded arsenal totaling 99.9739% of the unallocated shares are ignored when Individuals/institutions are considering taking a position. They just don’t factor in the risk of potential future dilution when the 99% plus unallocated are available as the company may deem necessary to introduce into the float down the road. Another silly assertion.
Is it possible the stock composition, referenced above, has contributed to the 50% price decline post reverse split. I think so.
My opinions.
There are literally thousands of companies in similar, or much worse situations re their A/S and yet they thrive or are relatively stable per their PPS.
So here are the facts.
. Snpw has an authorized share count of 1 billion shares.
. Snpw has 261,751 shares in the float. This leaves a whopping
999,738,249 shares unallocated where the Board could use some, none or all as they look to the future. Put another way, only .000261% of the authorized shares are in the float. 99.9739% of the authorized shares ( all, part or none) are available to be used as the company deems appropriate.
The poster actually suggested two things which I believe he is grossly inaccurate.
1) There are thousands of other otc companies with a similar authorized share composition. So thousands of other public otc companies have only .000261% of their common shares in the float. Such a silly comment.
2) The stock composition doesn’t impact the price per share. This would seem to suggest a loaded arsenal totaling 99.9739% of the unallocated shares are ignored when Individuals/institutions are considering taking a position. They just don’t factor in the risk of potential future dilution when the 99% plus unallocated are available as the company may deem necessary to introduce into the float down the road. Another silly assertion.
Is it possible the stock composition, referenced above, has contributed to the 50% price decline post reverse split. I think so.
My opinions.
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