PR says somethings: 1. Current O/S is 253M and will be reduced to 222M. 2. When Nathan Hall joined he received 300M shares (however you'd like to phrase it). 3. There are now only 150M shares held by Nathan Hall as per the last PR: http://ih.advfn.com/p.php?pid=nmona&article=64980433
Granted there will be 150M shares added back but that'll be on results. Everyone can argue the merits.
My position is that shares should be granted only based on net revenues from oil sales. The results shareholders really want.
4. 222M - 150M = 72M not held by Nathan Hall.
5. Float = 64.5M.
6. Basically there are only 7.5M shares not in the float (for whatever reasons, and I'm sure its in a past Q outlining share sales for shares that are still in paper format).
7. Seems from the PR that Oren Manelis may have been selling shares via XSKN and Cyber-Thingy.