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Friday, October 21, 2011 2:44:48 PM
If 23mm are owned by the 2K shareholders, then that still leaves 10-11mm or so with certificates or in the hands of MM's, I think.
The legacy cert / shares get into the float after the "Current" status is assigned, I assume, since they won't be accepted in the "Limited" status, per "CCarp" post a couple days ago (he tried)...
299mm total - 266mm Restricted = 33mm - 23mm = 10mm legacy
That dilutes the PPS value by a third.
Or, maybe, we hold PPS and the Mkt. Cap. increases by a third.
At this time, we are trading back and forth with MM's and each other. It's a "kiddie" pool when we really need an Olympic size pool...
We need more investors.
Real soon.
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