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Re: fourkids_9pets post# 9214

Friday, 11/09/2012 7:48:36 PM

Friday, November 09, 2012 7:48:36 PM

Post# of 20680
Yes, that's what the float is: issued and outstanding is the float, they are available to be publicly traded, whether owned by the public or at the transfer agent waiting to be sold. they are not authorized shares, not part of the preferred stock, not restricted, this is the float, so the extra 1000 came from somewhere, probably authorized by the proxy vote as part of the previous shareholder approval which stated that shares may be moved from the authorized "stock" to float in order to facilitate anything the management decides to do without any further approval by the shareholders. So the added 1000+ shares is a slight dilution. Expect shares to be used more often as currency if bank funding is unavailable.
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