Monday, November 02, 2015 10:43:02 AM
Over 82% of the O/S is owned and restricted by insiders/management.
The remaining float, which is the only freely tradable shares that we should care about, is 530 million, or less than18% of O/S.
The recent run to 039 was done on less than 30 million volume. Since then, there's been less than 10 million volume (before today).
No worries of massive sell off. The VAST majority of shares are locked tight. If so many want to sell, why have so few sold in the last 5+ months since it first ran up due to Tautachrome acquisition?
Only 175 million volume since May 21.
Just based on that math and excluding any possibility of shares trading hands multiple times, 2/3 of the float has been locked tight for 5+ months.
So like I said... total O/S means nothing!
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