Question from a shareholder

By: Robert Grosshandler | November 28, 2020

RM asks (in our Facebook Group):

Robert — hope you had a great Thanksgiving! Just curious. For those shareholders having earned the most shares so far, how many does that equal? I think I’m setting the world on fire with my 5,035 shares, and can’t help but wonder if there are some of us out there with a zero or two at the end of that number?

Robert – great question. First, though, let me compliment your parents on their choice of names for you. Because I want to answer in detail that may be considered by the SEC as “MNPI“, I’m answering here, so that the world can see it. The Facebook Group isn’t truly public.

Since July 1, 2020 there are 20 people who have earned at least 5,000 shares. Of those, half have earned over 10,000 shares.

The people who buy that much generally have businesses or groups for which they buy large quantities of something or another. If it weren’t pandemic times, a really big cruise might have gotten somebody into that exalted territory. I don’t know for sure, but I don’t believe these folks are buying for a single household.

We actually are required to provide some of this analysis as part of our annual and semi-annual financial statements, which are easily accessible from:

https://www.sec.gov/Archives/edgar/data/1652350/000110465920107478/tm2031393-1_1sa.htm

P.S. A month or two ago, that was about $300 worth of stock. Today, that’s about $550 worth. You definitely are setting YOUR world on fire!

«
»
«
»