+24,283,592 DRS from 5/26/2022 list of shareholders (over 65 days) or +20,500,000 DRS from 4/30/2022 10-Q (over 91 days)
"As of July 30, 2022, 71.3 million shares ... were directly registered with our transfer agent."
8/15/2022 Whale #1 DRS'd 1,200,012 shares
72,500,012 DRS
10/29/2022 10-Q
71,800,000 DRS
+500,000 DRS over 91 days (5,494 per day)
"As of October 29, 2022, 71.8 million shares ... were directly registered with our transfer agent."
3/22/2023 10-K
Owned by Cede: ~228,700,000 !! Non-Cede: ~76,000,000 DRS
+4,200,000 DRS over 144 days (29,166 per day)
"Excluding the approximately 228.7 million shares ... held by Cede & Co on behalf of the Depository Trust & Clearing Corporation, approximately 76.0 million shares of ... were held by record holders as of March 22, 2023."
4/21/2023 list of stockholders
Total shares: 304,717,022 !! Owned by Cede: 228,451,023.9 (+16) !! Non-Cede shares: 76,265,982.1 DRS
+265,982 DRS over 30 days (8,866 per day)
6/1/2023 10-Q
Owned by Cede: ~228,100,000 !! Non-Cede: ~76,600,000 DRS
+334,018 DRS over 41 days (8,146 per day)
"Of those outstanding shares, approximately 228.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation and approximately 76.6 million shares ... were held by registered holders with our transfer agent as of June 1, 2023."
6/20/2023 Mainstar rugpull
Minus 1,270,566 DRS shares
8/31/2023 10-Q
Owned by Cede: ~229,800,000 !! Non-Cede: ~75,400,000 DRS
-1,200,000 DRS over 91 days
"Of those outstanding shares, approximately 229.8 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation and approximately 75.4 million shares ... were held by registered holders with our transfer agent as of August 31, 2023."
11/30/2023 10-Q
Total shares: 305,514,315 !! Owned by Cede: ~230,100,000 !! Non-Cede shares: ~75,400,000 DRS
0 DRS over 91 days
"Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation and approximately 75.4 million shares ... were held by registered holders with our transfer agent as of November 30, 2023."
Discussion points:
It seems "odd" on some of the DRS count fluctuations since the beginning.
There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
It seems "odd" on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month
Multiply by 3 months per quarter
Total DRS per quarter if 100,000 active accounts
Total DRS per quarter if 200,000 active accounts
1
3
300,000
600,000
2
6
600,000
1,200,000
3
9
900,000
1,800,000
4
12
1,200,000
2,400,000
5
15
1,500,000
3,000,000
The April 2023 List of stockholders DRS numbers seem correct and line up with SEC filings.
Possible some investors have had to un-DRS.
Possible economic slowdown has reduced investor purchasing power.
Whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
Tinfoil - possible something funny with SEC filing reported number.
Yeah, I wish the default Lemmy editor included tables like reddit's Fancy editor. I copy-paste from my reddit post (in Markdown mode) and it preserves the tables over in Lemmy.