Followers | 2766 |
Posts | 77901 |
Boards Moderated | 1 |
Alias Born | 05/10/2007 |
Wednesday, January 06, 2010 5:39:38 PM
See where the bigger volume bars are on the chart down below. Could still be some profit takers left. Rest has been a seller through LFCM.
The things we do know are:
The Hannover guys got 159 million shares for the merger
The old Float pre-merger was 57 million shares, market maker Nite main MM pre-merger.
32,700,000 shares are still restricted shares.
Current shares O/S is 301,800,000
-191,700,000 Subtract the Hannover shares and the restricted shares
Leaves 110,100,000
Minus Old Float 57,000,000
_______________________________
Max shares LFCM could have gotten 53 million or so
This market maker summary report shows that LFCM traded 54 million shares in December, that is buys and sells. They sold some more in January....so my guess is LFCM is close to out of shares.
http://www.otcbb.com/asp/tradeact_mv.asp?Issue=tdgi&searchby=issue&sortby=volume&Month=12-1-2009&view.x=0&view.y=0&downloadname=mv200912.exe
Wild card would be with the old premerger float of 57 million if former CEO Fotis still held a chunk of the old float and is a seller, probably through mm VNDM imho.
Stock is looking good, consolidating in the .02's with sellers just about out of shares imho.
Recent HHSE News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 07:17:02 PM
FEATURED DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • Nov 7, 2024 2:16 PM
FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • Nov 7, 2024 8:48 AM
FEATURED SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • Nov 7, 2024 7:00 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM