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Re: jmhgolf post# 67508

Tuesday, 08/21/2018 7:42:51 PM

Tuesday, August 21, 2018 7:42:51 PM

Post# of 68381
I believe the authorized shares may be 10 billion but the O/S is 7.5 billion. The former CEO issued himself and his sister 2.5 billion shares but those shares were canceled by the court because they were issued at an illegal shareholder meeting. In addition, ~3 billion shares are tied up in Canada and currently can't trade. Also, there are ~750 million shares from the Miller estate that company has an option to buy.Lastly, there are many large shareholders, including myself that have very large positions and aren't looking to dump shares cheaply.

This is my understanding from several years ago but I would suggest you speak with Ken for a more definitive count.