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Re: 996 post# 2113

Saturday, 11/10/2007 12:39:39 PM

Saturday, November 10, 2007 12:39:39 PM

Post# of 8313
996 - - - - - - -

Maybe I can clarify here. TOS (total outstanding shares) and FLOAT are two disparate entities, although at first glance they may appear to be interchangeable.

TOS = the number of shares that a company has already issued to date. some may be tradeable, other may not be.

FLOAT = the number of shares that are currently available for trading. a company may have 100 million shares outstanding, but only released 20 million of them into the float for trading. they may have the other 80 million locked up in a safe somewhere for future use.

GTEC has a FLOAT of approximately 85 million shares, but its TOS has just been increased to around 375 million shares. The 85 million in the float are free trading right now. While it is true that the other 295 million shares have been already been issued, and theoretically COULD be sold off into the float for funding.....the fact of the matter remains that they are restricted for at least two years and have not, and will not be sold off into the float by the BOD.

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