Post by
AUborealis on May 14, 2021 1:24pm
The closer we get to a five day average of $0.25
the closer we get to having some of those 'Custody shares' distributed.
But this level is OK by me.
This was in the May 25 2020 NR.
Anyone who is in this stock, and read the NR (did their DD) would/should know this and be aware that the combination of the the ability of the DBros to sell up to a maximum of 25,000 shs/day, (dependent on the condition that the maximum daily amount could not exceed 10% of the previous day's volume), combined with the floor proce of the Custody Shares,
...and the time it would take to go through the Patent Process and SECURE THE MOAT around ALIIS,
...should have anticipated that up and until the 'Insider' filing threshold was crossed by the Dbros into the 'no-longer an Insider status (below 10%)
...any surge in the price was likely to drift back to the levels seen in around 'the Agreement' date of last year. (announced in May but likely negotiated in the March-May period).
SO
27,000,000 (their current ownership) minus the 8,000,000 Custody shares equals 19,000,000 shs.
There is 1,379,539 Warrants + 20,255,000 options + 147,296,150 shs outstanding.
Fully Diluted = 168,830,689
10% is 16,830,689
The Dbros are about 2.2 MM shares away fron dropping out of sight.
A couple more 'chunk' filings and then the stage is set.
I for one am adding up until the 'Patent Granted' NR.
A long time in the slow cooker here.
Going to verrrry tasty!