Puration Inc (PURA)

[Thirsty Tiger]

Let me elaborate just a little further

If you add up all the shares not directly owned by APDR below. (fixed error Mammoth was holding 600,000, not 250,000)

19,900,000 shares - Apollo Resources International, Inc. Restricted
300,000 shares - BMI Consulting $300,000 ($1.00/share) In the float
2,075,000 shares - Nite Capital $500,000 ($0.25/share) Still holding
1,000,000 shares - MAC Partners LP The Eldjarnsons) In the float
800,000 shares - 32 investors Regulation D - Rule 504 ($0.05/share) In the float
600,000 shares - Mammoth Corporation ($1.00/share) at least partially in the float

and multiply 7 (7:1 FS) you get 33 million shares. This is the maximum number the float can be without filing for registration of additional stock, which APDR currently can’t.

A little further research shows that Mammoth filed in Nov last year to sell its 600,000 ( 4.8 mill post-split), but obviously didn’t sell all so they refiled after 3 months to sell the remaining shares. This 144 filing expired last month and there are no other filings.

Since there isn’t any filing for Nite Capital (recent or historical) we can safely assume they are still holding their 2 million restricted shares (14 million post-split). Now, TAKIs last number from the TA was an 18 million float. That gibes too well to be coincidental.

I will therefore bet the float has not changed (or by very little) since last checked