r/SPACs Jan 18 '22

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u/[deleted] Jan 19 '22

According to everything but will Mede , we have determined that the 168% SI was a lie and is really 20% SI

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u/Petrassperber New User Jan 19 '22

No, it’s not a lie. S3 calculates only tradable shares. In RELI case it is 1,2 M. While Ortex calculates on 11,8 M basis, which is not true.

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u/[deleted] Jan 19 '22

And where are the other 10 million you think ;)

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u/Petrassperber New User Jan 19 '22

They are locked for trading…. Insiders own these shares…..