Sunday, January 24, 2010 12:05:53 PM
I don’t think you “have” to expect it, I think you “should” expect it.
Outstanding Shares
6,000,000,000 as of Jan 6, 2010
Authorized Shares
6,000,000,000 as of Jan 6, 2010
Float(shares)
1,250,000,000 as of Jan 6, 2010
With a billion and a quarter shares in the float, and 6 billion in outstanding, the price isn’t going anywhere fast without some sort of manipulation. Pretty much dead money for those that bought around today’s price. But with more dilution you should expect a decrease in share price.
“Do you think Fed contract sales data should be made public?”
Silly question. Fed contract sales data is public information. Fed contracts are funded by taxpayer dollars. You have a right to know. If Identa PRs an agency contract and it doesn’t show up in one of the Government portal sites you can always file a FOIA.
If you haven’t heard by now on the alleged DoD testing, chances are you won’t. It doesn’t take 7 months to test simple detector kits like that.
Wake up.
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