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Re: modena post# 1390

Wednesday, 09/17/2003 4:26:18 PM

Wednesday, September 17, 2003 4:26:18 PM

Post# of 64738
Speaking of holding onto your shares, how many are actually in the float? Phanuel must be holding onto a big wad, and they likely won't be trading them anytime soon. Company insiders may be selling some going forward, just to pay the mortgage or other living expenses. The last annual report I think said there were 60 mil shares outstanding(and 150mil approved), but I bet the actual float is much less than 60 mil. Does anyone have any numbers?

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