New SYMW Security Details
Share Structure
Market Value: $8,507,106 a/o Mar 28, 2011
Shares Outstanding: 30,382,521 a/o Mar 07, 2011
Float: 794,481 a/o Mar 07, 2011
Authorized Shares: 550,000,000 a/o Mar 24, 2011
Par Value: 0.001
Shareholders
Shareholders of Record 116 a/o Mar 07, 2011
Beneficial Shareholders N/A
* Authorized Shares – These shares represent the total number of shares of stock authorized when the company was created.
However, just because a company authorized a certain number of shares doesn't mean it must issue all of them to the public. Most companies retain shares for use later called unissued stock or shares.
* Unissued Shares – Shares a company retains in its treasury and not issued to the public or to employees are unissued shares.
* Restricted Shares – Restricted shares refer to company stock used for employee incentive and compensation plans. Restricted stockholders need permission of the SEC to sell.
There is a waiting period after a company first goes public where insiders’ restricted stock is frozen. When insiders want to sell their stock, they must file a form with the SEC declaring their intention. Even insiders of established companies must file with the SEC before selling their restricted stock.
* Float Shares – Float refers to the number of shares actually available for trade on the open market. You and I can buy these shares.
* Outstanding Shares – Outstanding shares includes all the shares issued by the company, which would be the restricted shares plus the float.If a company repurchases a portion of its shares, these are not considered outstanding.
