American Diversified Holdings Inc (ADHC)

[carsm]

Float is not 110 million but it's around the 280 million, sorry.
I've red this month financials and the one from October 2016.
So here is the thing, current share structure is 696 million.
416 million of them are held by the CEO which means around 280 million shares are available.

I don't know why or what happened but in the Financials of October
"Blue Ocean Advisors" was considered as a "Beneficial Shareholder" with 160 million shares.
But in the latest financials they aren't mentioned at all..
A logic conclusion is that the 160 million shares which were cancelled are probably the shares from "Blue Ocean Advisors".
So therefor these shares can not be subtracted from the 280 million mentioned above.

Even though the current share structure and the direction of the company are still awesome.
I really believe in this company but we have to keep our facts straight. ;)