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Re: knowbull post# 6242

Thursday, 08/03/2006 4:25:01 AM

Thursday, August 03, 2006 4:25:01 AM

Post# of 14027
P.S. 75 million shares

is the exact number of CTBG shares that Grifco claims to own. It was part of the IPMC Holdings shell deal. The other ~10 million shares were retained by the shell owners and make up the "float" for CTBG.

That's the official company version of things anyway. The failed spin-off has everyone questioning management's integrity IMO.

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