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Thursday, October 02, 2014 7:54:36 AM
We also know that Victor owns 53.5% of the O/S, so max float would be 418.5M
Now, as far as the O/S, it is most likely lower than 950M, say 750M to be conservative, part of the 53.5% will be restricted and held to retain ownership of the company.
But as far as how far it can run, with the float locked up market cap means little on the OTC when the right momo hits and lack of shares to be found. Does it mean it will trade there, no but could it touch some crazy valuation before settling at say .15 sure why not, sure seen it happen to many other companies with higher share structures and no revenues.
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