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Re: Skinnybundle post# 1141

Thursday, 01/12/2017 12:58:08 PM

Thursday, January 12, 2017 12:58:08 PM

Post# of 5510
<<No what I'm saying is you have disclosure in the financials on the 52 million restricted and a total outstanding of 77 million and a reported float of 21 million free trading shares which would dictate that there is still free trading or restricted stock of 6 million to equal your total outstanding. Simple math. >>

Yes, OS - restricted equals free trading. I get that (although your numbers above don't add up quite, I get the point).

However, my concern is where is the increase in the freely traded shares - an increase of about 6 million in the last 2 months - coming from? It appears to be coming from the RCG group that was issued restricted shares in 2016, assuming management is keeping their restricted shares held tightly. They were issued around 10m restricted shares, so presumably this group has another 4 million that can still be added to the float. That doesn't sound too bad.

Does that sound right to you?



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