"Sometimes mgmt just puts out PR's to increase volume and dilute right after"
Don't know if that will be the case with this company....but as you can see some of us are following that closely....
Posted by: PA Portman In reply to: None Date:7/10/2006 10:51:33 PM Post #of 301
Share Update:
I was able to get to IR today and here is what I got. We are suppose to see some good PR soon. Not like we do not see one twice a week but I am told we will get more substance soon.
I also was able to get the current share structure. Please note I rounded the exact numbers so I would not use them for valuation.
Outstanding : 486.3 Mil. Allocated : 486.3 Mil. Float : 67.8 Mil.
It is my understanding that most if not all the allocated are restricted. I am calling back next week and I will update on any potential we have at getting a look at the financials.
I hope to get a good idea when the restricted shares register for trade, etc. If anyone has questions let me know. I will ask them.
Posted by: skunksyard In reply to: PA Portman who wrote msg# 289 Date:7/10/2006 10:52:50 PM Post #of 301
called last week and got same data....I was happy to see it had not changed from the March 2006 data I posted from pinksheet.com site in an earlier post