Marijuana - Companies & Stocks

[dude iligence]

Ohmanidied Definition of 'Float'
1. The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.

Investopedia explains 'Float'
For example, a company may have 10 million outstanding shares, but only seven million are trading on the stock market. Therefore, this company's float would be seven million.
Stocks with smaller floats tend to be more volatile than those with larger floats.

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That's pretty clear cut. Given that definition. Explain the significant difference between the float 6 months ago of "about 11 milly :)" and the current company reported float of 79 million.

If the tradable float as defined by the respected member was 11 milly (million) then what is the tradable float today as respected member defines it?

I think an explanation is in order because this is a new concept not only to the Newbies but to me with over 20 years experience trading.

If the float was different than 11 million back 6 months ago, then why did the respected member report it as 11 million? If it is different than 79 million today using the same set of definitions the respected member prescribed to then what is the current tradable float using the respected members definition? This way we have a comparison of what the "tradable float was and currently is according to the respected members technique. That will allow us to determine the rate of increase in the float using the respected members technique.

how did he calculate that number? These are important facts and information that all investors in penny stocks should be aware of. I with over 20 years experience have not been introduced to a new way of calculating float. I'd like for you or the respected member to explain it so I can clearly understand and benefit from the sea of vast knowledge and experience on these honorable boards