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Re: Value_Investor post# 42479

Wednesday, 05/28/2014 5:08:35 PM

Wednesday, May 28, 2014 5:08:35 PM

Post# of 61041
Float estimate my way: 1,100,000,000, deduct shares owned by board of directors and EFLN company (shares that they can't sell without giving public notice or announcement), my conservative estimate 300 Million, we have a float of about 800 Million or less.
And that is with a tiny little EFLN company with huge assets and some earnings (can't knock that, small earnings better then NO earnings). We are still trading between 0.0005 and 0.0009.
Sounds unbelievable!
I can't explain, somebody else might have a clue on what is going on!