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Re: DHANA post# 1609

Friday, 04/19/2013 9:25:47 PM

Friday, April 19, 2013 9:25:47 PM

Post# of 41468
I doubt the float on FWDG was ever 5.5 million. Look at the total volume history from 04/01 through today (04/19). Doesn't jive with that number. If the float was really 5.5 million prior to today, that would mean that FWDG traded its entire float plus an additional 998,300 shares on 04/05 alone after previously turning over its entire float twice in only 4 sessions from 04/01 to 04/04.

Between 04/05 and today, there was a total of 13,734,300 shares traded. If there were an additional 16,500,000 shares added to the public float since the last update on OTCMarkets on 04/04, then they're certainly not accounted for (and the stock wouldn't be trending up so quickly within 15 trading sessions).

In a 4x share increase scenario, we would see a big drop followed by a bounce (post dilution) and I do not see that here.

FWDG Trading Data (Last 20 Days):