OTCPK:EMMBF - Post by User
Comment by
PruneFaceon Jan 10, 2017 1:33pm
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Post# 25689517
RE:RE:RE:RE:shorting
RE:RE:RE:RE:shortingThank you. Yes I remember you posting those numbers but I was looking for the actual history in order to see the trend, then I realized there is much of a history for EMC yet. I don't know where to get that info. Is there a link? I've been trying to figure out what the actual active float is and, from what I've gathered, it is quite small. If fact from one source which should know, I was told there are only 6.5 million shares trading, all others being in escrow. I find that hard to believe since almost that amount was traded the first day, Dec 12, and twice that number of shares have traded since EMC hit the board. There is a corporate presentation dated Nov 16 2016 which presents the share structure up to and including the $1.15 financing. Unfortunately it is a pdf file and, being technically challenged, I haven't found a way to post it. Anyone interested could likely get the file from the company. It is quite a comprehensive presentation. Including the $3.63 financing, the warrants and assuming the full 15% overallotment is purchased by the brokers I come up with 117,908,692 shares fully diluted. Interesting is that if all the warrants get exercised from the two financings, the company will rake in over $70 million from the two.