SurgLine International Inc (SGLN)

[MJA745]

The 5 executives and directors they are referring to are 1. Fong (Director): 65,062,774 shares 2. Perkins (Director): 30,742,406 shares 3. Hollander (Executive): 9,009,121 shares 4. Toland (Executive): 800,291,288 shares 5. Dutch (Executive): 342,982,030.

Add those together: 1,248,087,619.

Divide by O/S of 5,617,258,666: 22.2%, which is what it says the 5 executives and directors hold. (If that just happened to work out that would be one heck of a coincidence)

You can't include the 22.2% and the individual percentages to get this mythical 90% held by insiders.