Last controlling block was 22.5 million shares, there's a couple 3.5 million blocks to note holders (which could be past the statute of limitations) and 15 million warrants convertible to commons.
The O/S/ as of last week is 105 million shares, up from 45 million. That would indicate a 60 million share block was issued for control of the stock.
That would also indicate the float's max number can only be 45 million but, watchin how it trades, I would estimate the float to be closer to the 10-25 million share range.
In a nut shell, there's been something going on behind the scenes here since at least last February and it's finally getting noticed.
$EVCC
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investing. http://investorshub.advfn.com/Sobeks-Stock-Forum-32420/
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