MedGen Inc (MDIN)

[Jammin1]

Saying the new shares "just got unrestricted" is misleading in my opinion.

Based on my float turnover analysis, the shares must have been unrestricted back in April:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88473857

After the April dilution, the holders of the newly unrestricted stock sold gradually over the last 2 months. Obviously they could not sell all at once.

The question is, how close are they to being all sold? I think very close.

Side point: technically speaking, this is only what you might call "float dilution", which isn't real dilution in the sense of "shares outstanding" going up. The only real dilution was the deal to get the lactose patent license, which was the good kind of dilution if those patent rights are worth what some think they are.