Good Life China Corporation (GLCC)

[2future4u]

tiger760

I thought the authorized share total was 450,000,000. Subtract the restricted shares and you have the float.

first things first,

the float is restricted shares subtracted from OS not AS (these terms sound confusing but one needs to distinct them).

so 381 million - 138 million = (around) 242 million free trading shares NOT 450 million - 138 million.

"restricted" shares that can not be freely traded are not included in the "float".

restricted shares are not included in the float (at least not by the certain date in the future)