this is the corrected share structure sent by the company! please pass it around to anyone who has the wrong numbers!
sorry i didn't see but they sent me a correction e-mail for the share structure..
Steve –
Please note the CORRECTION to the share structure.
The numbers regarding the share structure have not changed since the March 19, 2007 update which I am sure you have seen, and the share lock-up by all of the insiders is still in effect as per the agreement. I will list the numbers for you again below, but the company and insiders are not selling.
It’s hard to say why the stock doesn’t seem to be getting the fairest treatment valuation-wise, however, in light of the recent weakness and shareholder concerns, I am recommending a share buy-back program to CFO, Raj Nanvaan. I think you will do fine by the way.
Maybe many of the people who invested so far have run out of buying power or are simply planning to add to their positions following additional news. I think that reaching a broader number of investors will also come into play and will help, along with the release of more powerful news.
It’s coming. Several things are coming.
Current share structure:
2 billion –- authorized
1,538,289,853 – Outstanding
- 895,000,000 -- insider share lock-up
300,000,000 –- collateral – restricted
343,289, 853 -- Float
Best regards,
Richard Ross
Dir. Investor Relations
Native American Energy Group
AI
