with these numbers its almost clear Carnes has let his shares go. Its also now obvious why they created the preferred shares. (the have the magority of the voting power). Im expecting a bounce from these levels unless they up the A/S or announce a R/S
Posted by: clarity789 In reply to: Charlatan who wrote msg# 22823 Date: 1/10/2008 4:59:18 PM Post # of 23249
RVGD Effective Float and Volume History
8 day average volume = 26,828,191 (Does not include the 40 million traded today)
Estimated Effective Float (EF) - 227,284,352
Estimated Real Float (RF) - 367,746,082 Dilution/shorting is a certainty. If the OS is 400 million, then they are likely maxed out.... if you believe them.
Base Support is estimated at 0.00216
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