Replies to post #38359 on Surya Oil and Gas Corp (SURY)

[Melly Mell]

I don't know how that math works

Outstanding shares represents all the shares that can be bought and sold by the public, as well as all the restricted shares that require special permission before being transacted.

Shares that can be freely bought and sold by public investors are called the float

Laymen terms: Subtract the float from the outstanding shares and the number you get are restricted shares.

Scottrade is showing roughly 700 million outstanding. Feel free to correct me if I have something wrong

While I like Scottrade's numbers, they are wrong.

Shares Outstanding 1,231,909,290 a/o May 15, 2014
Float 356,027,490 a/o May 15, 2014

http://www.otcmarkets.com/stock/WNTR/profile

I'd add 20-50 million to these numbers just to be safe, overall relatively good numbers.

By identifying the number of restricted shares versus the number of shares in the float, it allows you to gauge the level of ownership and autonomy that insiders have within the company.

They have a lot. Which tells me they have great incentives to do everything they can to deliver on proposals being made.



GL
WNTR

[icbeatsthestreet]

The insiders are probably getting preferred shares and the divvy will only be given to other shareholders. The reason I think this is because Frank structured WNTR like that.

So, let's assume 600 million in the float. That would be 60% returned to shareholders.

The other 30% would go to insiders and I suspect 10% to Wellington Shields for interest on their loan.

Ic