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Thursday, September 02, 2010 2:14:56 AM
From the Marathon CEO McDonald Tudeme Q & A on 8/10/10:
Marathon Group Corp. has 100M Restricted shares in Treasury and did not specify the float structure but did say was affected due to the R/S.
As of 8/9/10 per Transfer Agent:
O/S = 94,413,278
A/S = 350,000,000
When I called the T/A did not have the Float. Mr. Tudeme said they had 100M Restricted, 10M after the Reverse split.
So, the Float = 84,413,278 Maximum, could be Lower.
With a Float of 84.4M or Less, stock price under a penny, when buying comes in PDPR should move up like a hot knife through butter.
PDPR
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