OTCPK:CNZCF - Post by User
Post by
dart321on Aug 02, 2016 6:33pm
161 Views
Post# 25104204
The Massive Importance
The Massive Importanceof having a small float. I own another company that has sales also. I will not be selling any of those shares anytime soon either. Anyway getting back to the importance of having a small float. I will use that company as an example. It has 70 million shares outstanding fully diluted, their margins are around 12% their sales would have to be 5 to 6 million per quarter to achieve the same profit margin per share as this company would get out of the sale of 2000 tons of the powder type material per quarter. Why is that? Simple this is a royalty and commission play, Everything is profit and the overhead of the company is very small.