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kraigger23

07/06/06 9:51 AM

#101612 RE: jrod #101610

Why are we not buying at the ask .0013 can someone show me latest L2. I will buy up as many .0013 as I can looking for 5 mil shares.

Kraigger23
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creede

07/06/06 9:56 AM

#101618 RE: jrod #101610

O/S as of Dec 31, 2004
301,426,988,913

The O/S right now is ~ 12 billion

301 + 12 = 313 billion

So, that's ~ 313,000,000,000 shares sold into the float. I was using a WAG # of .001 for the average $ amount per share sold. So, 313,000,000,000 shares x .001 = $313,000,000.

So, we will say that 20% probably went to the holder of the CD. That leaves about $250,000,000 for the company. We can account for about 4 mil on the reports....so where is the $246,000,000?