that is kind of goofy my friend in my opinion..but then you always were a bit "off". LOL :o)))) ( you and me both )
Actually, kind of "sili" maybe?
Wait, let me explain....with little stock up for grab, you cannot attract huge interest from the larger investment community. And, with litle stock up for grab, it makes it harder and harder to get in and out.
I was involved with a similar company for many years. Had about the same amount of shares outstanding, traded at $1 or so for many years. One of it's biggest problems, form an investment community perspective, was the small number of shares in the float, and once we really understood that, a strategy was put in place to increase the float everytime it had an opportunity that made sense. That company now has over 240M shares outstanding and is very liquid.
All I'm getting at is with this small float, only a small investment community can ever be involved at one time. No large volumes, no way of being noticed beause of the small volumes. You also have the "risks" of buying in but not being able to get out. And, do not underestimate the professional investment community and its aversion to small cap stocks that have limited floats. To me, its one of BIT's greatest challenges.
And finally, all I'm saying is that along with a TSE listing comes an "opportunity" to increase the float, get a little more attention, and create opportunity for more trading. Nothing bad in that from my perspective. |
