i honestly have never met a bigger *&*& in my entire life. After this post, you're going on ignore. When shares get converted, which happens on a daily basis, do you think they're reported to Yahoo (or anywhere) each day lol. They're reported at WHEN THE 10Q comes out, similar to when a co. announces a share buyback, you don't know each day how much has been bought back; you wait until the 10q comes out.
I'm making money on the stock as all my shares have been purchased between 1.12 and 1.16 - after the offering was priced. Since then i've traded in and out of 20% of my position, buying on dips and selling on spikes. That's it..done, over....ignore time
i base my yahoo experience on the dates they give for when companies will report earnings. Invariably they're incorrect. ANY site has to get the info AFTER the company first reports it, whether it's an insider trade, or share buyback, etc. To think the stock hasn't been issued yet...idk what you think...the 11mm dollars worth of stock that ppl bought hasn't been given to them yet lol? Of course it was, on the day of the closing, and they can convert starting that day. The fact that I don't know exactly how many shares are in the float now doesn't bother me. I know how many eventually WILL be in the float, and based on that, I feel the company is very undervalued. (And common sense, by the increased volume, tells me a good portion has been converted. That's why the volume. Some of the investors from the offering are converting (1.11) and taking a quick profit, while holding on to the warrants, hoping down the road, they'll be worth something - they have 0 risk that way, and take their profit on what they convert..if that doesn't make sense to you, well, I'm sorry. )
and what are you talking about being issued? the stock was issued the when the offering was completed lol. You can convert immediately. It says so - you posted it yesterday. I really can't believe i'm spending time on this....no one but dara knows exactly how many have been converted and when the next 10q comes out it will be inclusive thru 6/30 so it'll only be up to date to that date...but you can be sure that a good amount has been converted. THAT'S WHY THE VOLUME IS SO HIGHHHHHHHHHHHHHH lol
when i say last, i mean one of the last lol...don't be silly, ok? no one knows exactly how many shares have been converted until the company itself reports that...and that won't be until the 10q comes out. how many times do i have to tell you that? If you think that , all of a sudden the volume doubled or tripled in the stock out of the blue and it takes 2mm shares to move it .07 because there's still a float of 8.4mm, you shouldn't invest. Do you go by the earnings dates listed on Yahoo, too lol. You're a dope. Where do you think yahoo would get the shares out if the co. hasn't reported how many have been converted yet? No wonder why ur waiting for $1 to buy...you're a nitwit
yahoo is the last to report the share conversion...when the next 10q is filed, you won't see 8.4 mm shares anymore - you will see the 8.4 plus the amount that's been converted..and yes, you can't hold over a certain percentage at this point, so that could be a slightly limiting factor, but clearly, much of the stock has been converted. The insiders, btw, don't have that much of the new stock, and they would be the last to convert lol. They're not in it to trade it.
I thought he was the one who said that..i guess he doesn't know that 11mm shares were essentially bought at 1.11
of course many or most ppl have converted...why do you think the volume, all of a sudden took off..investors in the placement could make 20 percent and ride the warrants for nothing...that's why it takes so much to move the stock...idk what you're thinking..they paid 1.11 and got stock and warrants at 1.67
the shares out are 20mm, not 8.4..and today's volume WAS relatively light compared to the upside volume we saw last week...more upward movement coming
they're too busy saying how great they and their technology are
mgmt never bought shares alllllllllllll the way down. But they were sooooooooo confident. I think we have an integrity issue - or lack of one
yeah, but how many more shares are there to go? that's what u have to ask? and how many have already gone since the precipitious decline..this is merely one day of a several day dump