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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Qone0 who wrote (33665)	8/17/2021 3:41:15 PM
From: ajtj99	Read Replies (1) \| Respond to of 97924

OK, it looks like they've been trying to float another 5% of the shares outstanding, but have been rebuffed. Price was about double what it is now when they amended that in back in May. It makes you wonder if they still want to do the offering, or just want to register it and sell it once they pump up the share price.

To: Qone0 who wrote (33665)	8/17/2021 7:39:29 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 97924

I am confused. The SEC filing in last December says that they are registering to sell 305 million shares. The sharesoutstanding site says that they now have 305 million shares outstanding (which matches the December filing) but that somehow they had fewer outstanding shares in previous months. (1) Now that the two number match, doesn't it mean that the number of outstanding shares cannot increase anymore unless they file for secondary offering? (2) Why was the number lower earlier on? And why do you think it is a bad thing that they staggered their market entry instead of dumping all the share on the market at the start?