Wednesday, January 28, 2015 10:14:20 AM
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
Recent MONI News
- Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • InvestorsHub NewsWire • 05/07/2024 01:48:58 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM