Omni Commerce Corp CCTXF

Not that many

[thadeush]

Seems like 7 million is a lot, but I still say that when you add it to our paltry float we're still under 20 million which is a VERY small float and will allow for a very fast sp increase with positive news. Not sure what the grand total would be if everyone exercises, but MZI traded around 2 million in November and could trade that in few days when news hits. Imho they can absorb the extra shares without breaking a sweat.

[ctblizzard]

You could be right but one thing you forget is that the shares were issued very far below the current market value. Additional float does not usually come out at levels 80% below the current market price. Float now is about 9 million. 7 million come off lock up 12/16.  There are also 7 million warrants at 10 cents. All that totals about 26 million shares. It is not the extra shares so much

[ctblizzard]

Just to correct my prior post (dont know how to edit these posts when you have a typo) But shares would be 23 million not 26 million) 9 million plus 7 stock plus 7 if all warrants exercised from earlier PP =23 million plus.

[thadeush]

Absolutely right, that kind of profit is hard to resist. We'll have to see what sort of news they come up with to save the day.

[ctblizzard]

Looks like just price maintenance buying the last few days , no more push up by big players and ANON unloading stock for days. Just a few days to have news hit and build momentum in time for the end of lockup. Of course if it doesnt come before Friday they can always release it when the stock comes free then sell into it.. That would be the worst case for existing shareholders. If they want to