InvestorsHub Logo
Followers 170
Posts 8965
Boards Moderated 0
Alias Born 01/24/2011

Re: Art Vandeley post# 1734

Wednesday, 04/16/2014 1:13:02 PM

Wednesday, April 16, 2014 1:13:02 PM

Post# of 82648
Not the same as float or FTS

We're talking about FTS (Free Trading Shares).

The vast majority of shares are still restricted or held by insiders.

I estimate less than 120K free trading shares in the open market, unless some insider is selling shares now.

Pretty easy to determine from the section that shows that when CANV was created from foreclosure, insiders owned 99.7% of the shares, leaving about 20K in the open market.

A few "small fish" insiders who don't have to report their sales may have sold some, and then Titus sold something like 60K.

Therefore, we're probably looking at 150K shares or less in the open market.

That's not a number CANV wants to talk about.

"Soylent Green is people!!!"

Detective Robert Thorn: Telling uncomfortable truths since 2022

DRT is Charleton Heston's character in the 1973 movie, Soylent Green, set in the year 2022, and is not my real name