"That should be 1.04b - 240m(restricted 1 year) = 800m total, if I'm correct?" ******************************************************* You might want to do a little DD & update your #'s ******************************************************* From the Feb. 29 th PR: The current issued and outstanding shares of the company are currently 865,564,603 shares with 14,794,064 shares restricted http://biz.yahoo.com/iw/080229/0369032.html *******************************************************
This is the last public update by RVGD and its from a month and a half ago. Since then the 240 million Carnes restricted shares have been added to these numbers
865,564,603 + 240,000,000 = 1,105,546,603
Any one would have to be crazy to think that since Feb 29 , that no more shares have been dumped into the market , so the O/S is much higher than even the reported 1.1 billion at this time.
Just look at the reported #'s from a month and a half prior to these #'S ********************************************************* From the Jan 16th PR: The current outstanding and restricted shares of the Company are 363,984,934 and 45,794,064, respectively http://biz.yahoo.com/iw/080116/0349240.html ******************************************************** If Peter can dump 1/2 billion shares on the market in a month and a half from the first round , what makes you think he's not doing it this time!
There is a reason that the newest O/S numbers were not updated in the "Shareholder Update" on Friday.
Conclusion: With the T/A gagged the only way to play this baby , is to figure the A/S is getting very close to being maxed out ! A/S = 1.5 Billion
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