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Re: cableguy post# 3505

Friday, 11/16/2012 11:55:47 AM

Friday, November 16, 2012 11:55:47 AM

Post# of 6584
From TGWI quarterly disclosure in September;

The number of shares or total amount of the securities outstanding for each class of securities authorized.
As of the quarter ended June 30, 2012:
Common Stock Authorized: 2,000,000,000
Common Stock Outstanding: 1,753,050,369
Public Float: 151,007,230



So, in September, and based on the above numbers, 91% of the outstanding shares were restricted.

Per TGWI's PR two days ago;

Eighty seven percent (87%) of the Company's outstanding shares are currently held as restricted shares.



This puts the float around 228 million shares.
Never trust those company info blocks on OTCMarkets.com. They are rarely accurate.