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Re: trader59 post# 7269

Thursday, 07/19/2018 2:28:54 PM

Thursday, July 19, 2018 2:28:54 PM

Post# of 29669
Let me put this another way -it may help.

the "Float" are the shares in the OS that are freely traded to the public- bought, sold etc. and managed by the TA.

the remainder of the OS, minus the float, is comprised of restricted held and insider held stock.

the company can choose to take a block of the float and issue it to an investor with restrictions. this will reduce the float but does not increase the OS

A company CANNOT magically make shares to issue from the AS. ever. there is a chain of public SEC filings that precede the event as well as significant legal / filing costs.

everything you saw in the FRLF 10q were shares that are part of the current OS and reduced the float number. -or was a past note deal that was completely paid off. BTW the present float is tiny!

Also- the CEO could transfer some of his held shares to an outside investor as part of a deal. which would not affect the float at all.

either way the OS does not increase.

ref: https://www.investopedia.com/articles/basics/03/030703.asp

Want to see what I'm working on? click my profile link and go to the recent posts tab. good luck and good trading all-

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