InvestorsHub Logo
Followers 8
Posts 333
Boards Moderated 0
Alias Born 01/04/2009

Re: thewinningstock post# 4138

Thursday, 02/12/2009 11:27:39 PM

Thursday, February 12, 2009 11:27:39 PM

Post# of 8728
Per Magnum I was told those new shares are restricted and that the float is only 9.4 million. Rule 144 stock so it does not concern me(friendly hands). Therefore they are not dilutive.

The outstanding now is 46,671,637 and 36 million of those are restricted. I didn't get the exact number on the restricted but I wrote down 36 million from the call.

I was informed that there are some positive events that have transpired and we should see announcements on this and other things starting next week.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.