Tuesday, August 31, 2010 2:52:13 PM
All of this is per the T/A for FEEL, verified yesterday.
The Current O/S is 115.2M of which 97.1M are restricted. Of that 97.1M, 30M is in escrow as part of a loan agreement and will be retired back once the loan is repaid.
If you need me to point these restricted shares out in the filings just let me know, I've went thru all the filings with a fine toothed comb
the remaining 18.1M shares is the current Float. There's convertible debentures Loans with 2 companies per the filings. Approximately 10M shares have been added to the Float as these 2 lenders have been converting their loans into Common Shares.
Of the float, I have confirmed with approx 34 Long shareholders that 60% of the float is locked up in Long hands. I suspect that figure is higher, but can't reach everyone. The only shares that are being sold (hence the depressed pps) are shares that are entering the market thru the debenture conversions(and probably an occassional flipper or investor selling)
the ask is SO THIN on this thing it's INSANE, any buying pressure pops up the pps very quickly.
The Current O/S is 115.2M of which 97.1M are restricted. Of that 97.1M, 30M is in escrow as part of a loan agreement and will be retired back once the loan is repaid.
If you need me to point these restricted shares out in the filings just let me know, I've went thru all the filings with a fine toothed comb
the remaining 18.1M shares is the current Float. There's convertible debentures Loans with 2 companies per the filings. Approximately 10M shares have been added to the Float as these 2 lenders have been converting their loans into Common Shares.
Of the float, I have confirmed with approx 34 Long shareholders that 60% of the float is locked up in Long hands. I suspect that figure is higher, but can't reach everyone. The only shares that are being sold (hence the depressed pps) are shares that are entering the market thru the debenture conversions(and probably an occassional flipper or investor selling)
the ask is SO THIN on this thing it's INSANE, any buying pressure pops up the pps very quickly.
River~
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
