I just posted this on the other board. Hope it makes sense to everyone...Franks has said before that he "controls" 53% so I believe that includes all insiders.
trustno1 You're not only wrong on OS your whole post is wrong..The following was taken from NEOM's key statistics. http://finance.yahoo.com/q/ks?s=NEOM.OB Shares Outstanding: 337.31M Float: 247.80M % Held by Insiders: 26.54%
If you notice the float is 73.46% of the Shares Outstanding (OS)or 100% - 26.54%. Float = 337.31 x 73.46%.
QBID should read as follows: Shares Outstanding: 9,500,000,000 Float: 4,465,000,000 % held by insiders 53%
The 6 billion share are being held in trust (restricted for 5 years) as collateral for cash received etc.
Frank would know what the float is because he owns everything that is not float. Hope that clears it up. Aloha
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