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Saturday, September 26, 2009 1:05:20 PM
The 2.1bb O/S count is from Jan.'09 per reports (incl.Pinksheets).
There was recently a post stating that someone here (can't remember who) had contacted the TA & was told that the O/S is: 1.23bb---a substantial difference. I don't know which is right , nor more importantly , what the 'Float' is. I also heard a 'rumor' that INCL was considering the option of 'retiring' some of this O/S as opposed to the more un-attactive alternate options to get the count down. If the 1.23bb is correct (I hope I hope), that 'might' suggest that they may already have retired some. FYI: INCL's most recent corporate filing w/ the Nevada SOS shows a 400mm sharecount structure ... the ramifications of the opposing figures are discussed in detail (using the 2.1bb vs.400mm figures) by one of our more esteemed members (just-an-ant) in post#13999 (those prognostications will be even better if the 1.23bb count is valid).... I suggest you read that one.
In any case , I think we will be finding out pretty soon , when they complete the name-change filing and they have their coming-out party (contracts announcements).
Obviously , much of this is conjecture and based on very limited info but one way or another , I think we have a very promising future here ---perhaps even better than we think.
AIMO
GLTA
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