Insiders own 83% of the OS...READ>>>>
INSIDERS OWN 5 BILLION OF THE 6.5 BILLION OS....THEY HAVE A EXTREME VESTED INTEREST IN THE STOCK PRICE
MOVING UP.
Hey guys, I noticed some confusion from a few investors regarding the share structure. Here is what is going on.
The O/S as of February 23, 2017 is: 6,498,319,880 shares
.
The float on the same date is: 1,497,739,084 shares
Subtract the float from the O/S which are the Restricted shares
owned by insiders (CEOs, employees, etc...): 5,000,580,796 shares
Since the insiders own more than 5 billion of the Outstanding shares
which happens to be more than 83% of the O/S, they are very heavily invested in this company, and want it to succeed in a bad way. I hope this alleviates some of the confusion.