TJG
9 months ago
Well that is the story of pretty much all stocks at this level... question is this the turn around that some make... or just another small uptick before a drop back down... If the buy out happens and they become a stand alone then it will be a big turn around... so a small gamble can be a big payday or it can be what it was when I started... a small gamble... I am good with the money I put here... at the most if it begins to drop I will get out with less then a grand loss.
3 billion AS is no big deal... the 46,000,000 Outstanding is very low at this point in time.. And the entire share structure is varified by the TA ... so no problems at the moment for as far as I am concerned.
Share Structure
Market Cap Market Cap
836,099
03/26/2024
Authorized Shares
3,000,000,000
03/26/2024
Outstanding Shares
45,939,509
03/26/2024
Restricted
53,910
03/26/2024
Unrestricted
45,885,599
03/26/2024
Held at DTC
45,639,376
03/26/2024
Float
9,726,573
11/01/2023
jobynimble
1 year ago
The D was added after the last reverse splitโฆ
From the last 10-Q: https://www.sec.gov/Archives/edgar/data/1618835/000149315223040764/form10-q.htm
Reverse Stock Split
On March 15, 2023, the Companyโs shareholders approved a reverse stock split between 1-for-20 and not more than 1-for-125 at any time on or prior to March 15, 2024. The Company decided on a ratio of 1-for-125 for the Reverse Stock Split. On May 18, 2023, the Reverse Stock Split became effective. The interim condensed consolidated financial statements are retrospectively adjusted for this Reverse Stock Split.