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Re: Zipp11 post# 3099

Sunday, 08/31/2014 7:01:42 PM

Sunday, August 31, 2014 7:01:42 PM

Post# of 82644
Hard to get a handle on actual float.

When CANV was first created out of Foreclosure Solutions, 99.7% of the shares were held by insiders, leaving about 20K shares until Stuart Titus sold some shares in February and March. That's how I came up with 100K estimate.

MJNA received about 5.8M restricted shares from CANV throughout 2013, and about half of them would be eligible to me unrestricted.

My guess right now is that the float has risen from about 100K in March to about 5M now, and maybe 8M by the end of Sept. A lot of those shares will still be held by the various investors, though.

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