So 49% Institutional Ownership, 16% (minimum) insider ownership means of the 148,578,888 outstanding shares, 94,626,272 are held by either institutions or insiders - minimum which might have increased in recent days?
So that leaves a float of just over 53m shares according to the numbers on OTC Markets.
My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.