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Re: Gambit post# 22217

Tuesday, 08/31/2004 11:29:53 AM

Tuesday, August 31, 2004 11:29:53 AM

Post# of 279080
There are authorized shares = means what it says
There are outstanding shares = shares that have been issued out of the authorized shares. Then there is
"the float" which are the outstanding shares that are actually available to trade.

It's said Frank holds about 1/2 the outstanding shares, but know one knows for sure because it doesn't need to be offically reported because this is a "pink".

I'm open to corrections if needed on the above.

Stu


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