And remember the float is not what you might think
Here is a section of last 10K where it stated that reports has to be file for "insiders" (holders then 10%), and there is 4 names on the list.
4 x 10% is 40% as insiders, plus the many strong holders that will not sell before way above the dime, and I include myself here.
Section 16(a) Beneficial Ownership Reporting Compliance
Section 16(a) of the Securities Exchange Act of 1934, as amended, requires the Company’s directors, executive officers and persons who own more than 10% of the Company’s Common Stock to file reports of ownership and changes in ownership on Forms 3, 4 and 5 with the Securities and Exchange Commission. Directors, executive officers and greater than 10% stockholders are required by SEC rules to furnish the Company with copies of Section 16(a) forms they file.
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Below is the information with respect to failures of directors, officers and/or beneficial owners of more than ten percent of any class of equity securities of the Company to timely file reports under Section 16(a) during fiscal years 2013 and 2012:
Name Form Type Date of Reporting Event Required Filing Date
Jeffrey Devlin, Form 3,11/26/2012, 11/26/2012
Ian Thompson,Form 5, 2/6/2014, 2/6/2014
Declan Keegan, Form 5, 2/6/2014, 2/6/2014
Barry Kernan, Form 5, 2/6/2014, 2/6/2014
All To be filed prior to May 1, 2014