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Re: buckyboy post# 4511

Tuesday, 03/05/2013 6:44:05 PM

Tuesday, March 05, 2013 6:44:05 PM

Post# of 64649
Lets assume the O/S is still 132M as it was noted on 2/15/2013.

Form 4 Filings and simple math from the TNKE 650K infusion of capital at 08 gives us a total of 83,086,278 shares that are not being sold currently. Insiders have to disclose when they sell, and TNKE shares are almost assuredly restricted (plus they're priced at 08 anyway).

Yahoo Finance Float is 44.49M + 83,086,278 = 127,576,278

132,000,000 - 127,576,278 = 4,423,722 shares that could either be in restricted stock or free trading stock. Hence, there may not be that many shares outside of insiders that are available for sale at this point (flippers flip, but I won't worry about that eh!).

If the O/S has increased for some reason it is not showing up anywhere. So, for now, I'll go with the 132M.

Could be time to hit the ask?

GLTA
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