North America Frac Sand Inc (NAFS)

[daiello]

Really just depends on how many more shares need to be sold.

Let's be honest here, the old O/S was 38.5M. We know 45M restricted shares were given to the CEO/COO which should put us around 84M O/S. As of 7/18 it's actually 92M, so 8M shares unaccounted for.

Of the 92M we know AT LEAST 45M are restricted, leaving 47M float. We've traded 75M shares since 7/2, which is 1.6x the max float assuming 92M O/S.

7/2 share price closed at .019. 75M (1.6x max float) shares later we're at .0155.

That doesn't make sense and with the T/A being gagged, we can't even get an idea of when it will end.