In Ovations Holdings Inc. (INOH)

[VeronicaFox]

Actually you double that number. The broker dealer sells the stock at Market price through the day in individual transactions, then they discount their commission of 1.5% from the averaged price and buy the shares from the block position at the total averaged price less commission - that's posted in another single transaction to the tape since the cost is different from what they sold to market.

Trades in reference are #3 - 23 million @ .0001, then #4 which is at $.000098 ($.0001 minus the block position fee)

Also trades 8 and 9 equal 8.5 million and are both printed at $.0001, then 8.5 million printed in #10 @ $.000098 ($.0001 minus the block position fee)

31,500,000 X 2 = 63,000,000 of today's 90 million is accounted for in INOH dilution from a block position. The rest of the INOH sell volume could be dilution as well, however those trades did not have a modifier attached.