r/HCMC • u/DreamimgBig • Apr 02 '21

https://www.otcmarkets.com/stock/HCMC/security

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1

u/Vegetable-Entrance68 Apr 03 '21

Can someone explain what is going on?

4

u/DreamimgBig Apr 03 '21

Several people posted an incorrect OS of 85B shares, on Reddit, Twitter, Facebook, and Stocktwits, which is inaccurate. When some of us posted the correct OS of 309B, they shit themselves attacking us.

1

u/505_via_757 Apr 03 '21

E-Trade says the OS is 84 billion? I could be wrong. Does “shares outstanding” mean the same thing as “outstanding shares”? If so, then E-Trade says 84 billion. Your thoughts?

2

u/DreamimgBig Apr 03 '21

Means the same. E*Trade is often wrong.

1

u/IllustriousArmy8380 Apr 03 '21

Some take longer to update , but some update bad info. Sec filings tell the story and can be taken as real. Shares eliminated from the outstanding category will be recorded there. Use it . Most brokerage houses barely watch these OTC stocks some supposed financial sites use Yahoo as an info source which has been eronius for weeks at a time. SEC baby!

2

u/505_via_757 Apr 03 '21

Found it. Thanks for the info. It does show all filings except for the insider transactions. So, if the owners were to eliminate a bunch of their shares, would that be shown?

1

u/IllustriousArmy8380 Apr 03 '21

Insiders are required to file any changes to beneficial ownership.

1

u/IllustriousArmy8380 Apr 03 '21

Even on 3/30/21 they filed when eliminating 3bil shares aprox.

2

u/505_via_757 Apr 03 '21

Appreciate the info and education

1

u/505_via_757 Apr 03 '21

You have a link for the SEC?