OK, one last time, first look at the IHUB board for TEVE, what does it say for outstanding shares. The float consist of shares that can be publicly traded. These include the shares Mr Lenfest owns. Only shares not in the float are those Authorized shares that are Restricted. So over 600,000 shares, and if you don't believe IHUB believe the Filed financials of TEVE after the 1 for 200 reverse stock split. To explain further, if and only IF, TEVE becomes profitable enough to pay dividends the amount of money the company decides to pay out will be divided by the amount of shares Outstanding. Therefore the money would be divided by 615,000+ shares and thus the company would announce a per share dividend of share owners on a certain date. To constantly say 55,000 are in the float is wrong. What happens if Mr Lenfest passes away, what would happen to his shares??? We don't know but they would still be in the float and as it appears they would all be donated to a good cause and thus sold on the open market. There you have it, now if you want to say there are 55,000 available for those other than the majority stockholder even that would be wrong as many of those have already been sold and being held. To know for sure contact TEVE's listing agent.
