InvestorsHub Logo
Followers 10
Posts 1832
Boards Moderated 0
Alias Born 05/06/2008

Re: weathervane post# 86286

Friday, 02/11/2011 4:02:25 PM

Friday, February 11, 2011 4:02:25 PM

Post# of 103302
Authorized Shares: 3,000,000,000 + 10,000,000 preferred (We do not know the conversion rate for the preferred, but we will once we read the new ANNUAL REPORT)

management owns 65 - 70% based on full dilution.

So lets use the low numbers of 65%

3,010,000,000 * .65 = 1,956,500,000 available

Minus my holding 98,000,000 and BigBucks 100,000,000+ and it comes to 1,758,500,000.

JMO and the math might be off.


"You first must understand before you are understood"

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.