LIGATT Security International (LGTT)

[bman007]

Is the Restricted an Acquisition?

Here's what is posted on web site:

Share Authorized 2 Billion

Outstanding 1,008,617,309

Restricted 749,583,658

Free Trading 259,033,651

Last Updated March 10, 2009

Next Update June 30, 2009

Market Cap as of March 5, 2008 $5,043,086,55



Ok, the only thing that will save the pps moving forward is this:

1. Outstanding shares are 1,008,617,309 but the Restricted amount is made of shares owned by LIGATT to be used for acquisitions. Maybe the acquisition is immenent or already recorded?
2. The Free Trading (it's called float or public float Greg!!) shares are owned by public plus Greg and employees with no restrictions on when they can be sold. Otherwise, we haven't had enough trading for the public to own that many free trading shares IMO.

So why not get it right Greg!!!??? Try this:

Outstanding 1,008,617,309

Restricted categories:
LIGATT owned
for Acquisitions: ????????
Restricted: ????????
Total: 749,583,658

Float: 259,033,651
Public owned ??????
CEO/Dir. etc owned ??????