Friday, August 08, 2008 9:50:50 AM
Outstanding Shares 293,823,389,782 as of Jun 20, 2008
Authorized Shares 300,000,000,000 as of Jun 13, 2008
Number of Share Holders of Record 984 as of Jun 13, 2008
Float 480,409,066 as of Jun 13, 2008
If there are 293 BILLION shares outstanding Lumb could buy the whole float of 480 Million shares and it would mean nothing.
If he wants more than half the outstanding shares he will have to get half the shares that are not in the float.(Restricted shares?) He would have to pay those people what they want or trade something they want to get those shares.
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