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Re: Illumin8edSurfer post# 8242

Monday, 10/19/2015 1:34:51 PM

Monday, October 19, 2015 1:34:51 PM

Post# of 12758
Finally someone here is posting FACTS instead of rumors!
Still waiting for someone to tell me the IOS share count?!

After performing a massive 1-for-200 reverse split at the end of last year NESV's outstanding shares were reduced to a little over 4 million. Just four sessions ago the daily volume for the stock was actually bigger than that with investors trading more than 5 million shares. A Form 4 filed on September 21 stated that 3 million shares are 10% of the total outstanding shares meaning that back then NESV had O/S of 30 million shares. With the authorized shares increased from 75 million to 150 million back in July there is a lot of room for even more conversions to take place.
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