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Re: I_Am_Ram post# 39833

Thursday, 03/22/2018 10:40:35 AM

Thursday, March 22, 2018 10:40:35 AM

Post# of 96905
Carter controls >= 951M or 69.8%

The number of outstanding (O) shares is equal to the number of issued (I) shares minus the number of treasury shares.

In this case Outstanding = Issued or 1,614,601,069 shares.

The float is what's on the open market.

Float is calculated by subtracting closely held shares -- owned by insiders, employees, the company's Employee Stock Ownership Plan or other major long-term shareholders -- from the total shares outstanding.

I believe rstar interpreted correctly.

Have ~300M more if necessary.

JMO.

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