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Wednesday, March 30, 2011 4:41:26 PM
Sorry, that's simply incorrect. Let's do the math together:
"their nearly 1,400 stockholders "
"average holding for all GCKO investors is slightly over 88,000 shares each"
says that 1,400 shareholders with an averager of 88k shares each means a total O/S of 123,200,000 shares. Now the latest filing indicates somewhere between 500 and 550 million shares outstanding on 9/15/10.
So one of the statements is in fact incorrect.
Let's hope they pay more attention to detail in their business dealings.
The only thing necessary for the triumph of evil is for good men to do nothing.
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