Just been doing some calculations based on those allocations which I've been harassing people for. Here's why:
Ignoring the tiering, going by 46% allocation of $15k which we are now hearing, it means $6900 was allocated on average to each shareholder.
$581,000/$6900 = 84 shareholders
Now Ecopropp shareholders numbered about 50. Why wouldn't they partake? They'd have the full run down on where CKK blue-sky, so let's consider these as non-sellers.
50 x $6900 = $346k
So by my estimation, that can only leave about 34 shareholders like McNovice who have received $6900 worth - $234k in total - 73m shares
How many of these 73m will be sold soon? How many of these sold in advance of the SPP closing date just to fund the SPP? Does it matter when we've already seen 33m go through today?
Let's see what happens....but with news on the horizon I would not be holding much hope of having orders much below 1c filled based on SPP sellers
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