Holy cow. Amazing news.
So they cancelled compensation shares they gave themselves. Check.
Shares returned for cancelled contracts ..finally. Check.
50 mil shares returned from Bravo Gaming. Check.
Plus potentially 94 million more to be cancelled?!
The true float is really really small. This actually makes it even more perplexing who has been doing the selling.
I am guessing that management has a plan to address the selling and this NEWS is the beginning of LOTS more to come.
As Penny mentioned the 10Q will be coming out tomorrow.
I wouldn't be surprised if the stock is at 5 cents by the end of the week.