InvestorsHub Logo
Followers 194
Posts 18521
Boards Moderated 0
Alias Born 03/21/2010

Re: Maria56 post# 38603

Wednesday, 01/28/2015 10:14:20 AM

Wednesday, January 28, 2015 10:14:20 AM

Post# of 97175
PR says somethings:
1. Current O/S is 253M and will be reduced to 222M.
2. When Nathan Hall joined he received 300M shares (however you'd like to phrase it).
3. There are now only 150M shares held by Nathan Hall as per the last PR: http://ih.advfn.com/p.php?pid=nmona&article=64980433

Granted there will be 150M shares added back but that'll be on results. Everyone can argue the merits.

My position is that shares should be granted only based on net revenues from oil sales. The results shareholders really want.

4. 222M - 150M = 72M not held by Nathan Hall.

5. Float = 64.5M.

6. Basically there are only 7.5M shares not in the float (for whatever reasons, and I'm sure its in a past Q outlining share sales for shares that are still in paper format).

7. Seems from the PR that Oren Manelis may have been selling shares via XSKN and Cyber-Thingy.

The paradox of iHub: buy high, sell low

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MONI News