Morning Bo. I find the Frizzle count interesting, but really not surprising.
The T/A knows the total o/s and how much of that is restricted.
Take the restricted off the o/s and you have the float.
Where the T/A gets the names of record really doesn't matter, but I assume it comes from the broker/dealers.
The above is what the T/A knows and all he needs to know to do his job keeping shareholder records, issuing new certs, distributing proxies, dividends and annual reports.
It's fun to play with numbers but your numbers are based on something pulled out of thin air, your 55,000 assumption.
Try playing with KNOWN numbers.
They are:
703,518,875,000 outstanding.
296,197,769,700 held in names of record of 2032 holders = AVERAGE about 146 million/holder.
Okay so we know of 2032 shareholders there. Now to figure out how many are likely to hold the remaining 407,321,106,300 held in street name.
If you go with the average held from above that's 407 billion divided by 147 million = 2790 more shareholders for a grand total of 4822 shareholders.
Okay, let's use the average from your Frizzell's numbers so far to figure the same.
62,255,787,908/662 = 94 million shares per holder on average.
407,321,106,300/94,000,000 = 4333 shareholders + the 2032 = 6365 shareholders in total.
Okay let's be generous here. We know Willy has/had close to a billion, GreenBaron today says they've got a billion so that skews the numbers a bit...we also know that there's a lot of holders out there with $200 - $5000 total investment....so we'll add a bunch and make it about 10,000 shareholders total.
