would mean almost 50% of the "Float changed hands, correct?
SOCR Security Details
Share Structure
Market Value1 $5,641,537 a/o Feb 06, 2014
Shares Outstanding 104,472,911 a/o Nov 18, 2013
Float 4,422,450 a/o Nov 18, 2013
Authorized Shares 1,000,000,000 a/o Nov 18, 2013
Par Value 0.001
The stock is currently up, lets say, 13%. A pretty low gain if almost half of the float traded, no?
It seems to be obvious that Vfin is diluting here.
Since there are no other Dept Notes in play, we've to assume he's selling .0001's here for a nice 61000% gain. I'd be pationed too!
It's only 350M shares total that could be sold on the given Debt Notes as already shown in there 10Q:
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