LIGATT Security International (LGTT)

[Value_Investor]

That was original OS count before last R/S on 07/21/2010! After the R/S the OS was just a couple of millions shares! Since then the company did dilute the OS heavily from late 2010 to early 2011. Then the dilution was stopped due to no longer filing and no more buyers (the ask crashed to 0.0001 for long time)!

So current OS should be around 1B shares of which only less than 400M shares of FIXED Tiny float available for trading which can be verified by its historic chart below because the Maximal-Trading-Volume was only 469,695,199 shares! Considering many shares were flipped in that day I estimate that Real float traded in that day should be between 235M and 375M shares! In another word we only need to lock up about 305M shares in order to control the majority of Entire float! At current ridiculous low price levels 0.0006 ~ 0.0005 one big hand alone can Easily control Entire float by purchasing about 350M shares...

At $0.0006 the market value of Entire float is lower than $240K!

By the way E-Trade is not a reliable source to find the latest SS Info. for a OTC stock! The best source is otcmarkets.com (OTC-M)! For example, E-trade shows ridiculous low OS (mere 5.4M shares) for its peer MDCE but Real OS is 3B shares now from OTC-M! Also E-trade shows ridiculous low OS (meager 61.9M shares) for another peer AFTC but Real OS is Eye-Popping 71.846B shares now!