Infrax Systems Inc (IFXY)

[goldpenny7]

Trying to narrow down the float. Numbers to ponder.

(AS) Authorized Shares 1,990,000,000 a/o Jan 23, 2017
(OS) Outstanding Shares 1,170,535,262 a/o Jan 23, 2017
-Restricted 113,543,574 a/o Jan 23, 2017
-Unrestricted 1,056,991,688 a/o Jan 23, 2017
Reference: http://www.otcmarkets.com/stock/IFXY/profile

That means: AS - OS - Restricted = only about 705,921,164 floating shares a/o 01/23/2017, as verified by IFXY's Transfer Agent. That MAY have roughly been the float on 01/23/2017. Yet the Transfer Agent wouldn't or couldn't give the actual float number on 01/23/2017.

Then we have today happen. Volume (buy & sell) was 517,287,759 million shares. Of those 517+ mil shares of IFXY that were traded today, About 62.35% or 366,173,917 were BUYS. But then we had many other buys and sells since 01/23/2017.

The float is the number of shares actually available for trading.