 Hey traders, this is Tosh, I go by T. Bradley90 in the My Investing Club chat, general reminder for those who do not know, MIC is having a one year anniversary event coming up, August 17th, mark your calendars where BAU is going to be trading live in front of our members. As an added benefit to our members, the event is entirely and 100% free, only though exclusive for annual and lifetime members. A lifetime on top of that get extra coaching before the event and guaranteed front row seating. While most charge for these events, we show our support by making it free again for all annual and lifetime members. If you are interested in signing up and or attending this event, DMT Bradley90 in the My Investing Club chat and or email myself at Tosh at MyInvestingClub.com. Now we have a very special video for you guys today as Matt who goes by Chicago Trader in chat does another how to series on the fundamental side and or the SEC filing side of trading and it's kind of a Memorial Day review. Now while today is just a preview of the full length video, if you want to watch the full length or any of our exclusive content then become an MIC member. Hey what's up everyone Chicago Trader for checking in for the weekly fundamental video here. I hope you guys have a nice Memorial Day weekend as the market is closed Monday. I wanted to go over a few questions I got just on some specific names and just a few things that I saw this week that thought might be interesting to you guys. So first one was BIOC, Bioscept, you know known kind of turd, got a couple questions on like what was the float and this one it's actually kind of difficult. So basically they're smaller company I mean you can see 16 million chair market cap so under 23rd right around there they did an offering for oh so this is a secondary normally right they don't raise money but because you know it's just an insider selling but any time that you have warrants associated with it that will raise money if they're in the money and they get exercised. So the float here is right around 17-18 million, the warrants were exercisable at $1.25 so you know when you got a float that's around 17 million and you know you got basically it's called 6 million, warrants are going to be exercised it's going to be a lot of overhead pressure not a ton like OTLK but you don't know for sure how many of these are exercised so you can never know the float precisely unless the update of the next 10 Q or you know they come out with the pressure release that says hey we exercised these we have enough money you know for going forward you can see this day it closed pretty strong on day one at like 150 so even then I mean yeah I guess it could have you know 60 million but it still needs to be at like 145-150 to exercise that much but the next day when they're going up to 180 I think it dumps right out of the gate it probably got hit when you look at OTLK which is another one I wanted to cover real quick they had a ton of warrants where it was at yeah so they just had you know they had some common shares at 275 and then they did the warrants at 290 and it was quite a few what was it 10 million shares of common 20 million oh yeah so again the float on this is 9 million so if you want to exercise 20 million warrants at 290 you're going to need this thing at 350, 375 and above for a while in my opinion and so I don't think even to this day I don't think very many of these were exercised even when you kind of look at it here it did get above and I think pre-market it was at like four but light volume on it yeah again I don't know this thing's just a headache I kind of mentioned that like this is a complete avoid for me hey traders this is Tosh I go by T Bradley 90 in the my investing club chat just wanted to reach out and say if you have any questions about MIC joining MIC maybe you're a member already you have three ways to contact myself personally and through MIC you can hit our social media you can hit me through PMs in chat or you can contact us through my email at Tosh at my investing club calm that's Tosh at my investing club calm I will get back to you in a timely manner and I'm saying this because I'm here to help and I don't want anybody to be afraid to reach out and ask any question that they have we are here for you guys alright see you guys