Thanks, party. I'm very aware of the PR'd share history of LFWK. I every much look forward to an update on the current share structure. I believe that it will make SLJB run as it is clearly positioned to turn on the revs, which LFWK was not able to do. I think we're in for a nice ride once the share structure is disclosed. We may not get that until the audited financials come out, which will doubly impact the PPS, IMO.
JJ
Posted by: partysasquatch
In reply to: JJSeabrook who wrote msg# 48621 Date:8/19/2006 3:00:41 PM
Post #of 48636
The public float is 200 million. Mostly bought up early by the company and retail. The naked short shares are mainly what are trading. I still have mine and I know some other large holders who are also waiting. The naked short used to destroy Ammerman and LFWK is the only reason retail has any shares.
The float is really 200 million and that is good enough to get them on the NASDAQ. When the naked short covers, the 200 million will remain.
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