Replies to post #3600 on TriCell LTD (fka TCLL)

[Joeiniowa]

Mike,

Lets say the public float is around 20M shares today. It would need to be 60M to get to the public market cap of $15M. There is no way to float 40M shares out there and maintain a .25 price. I guess the real question is what is the float today? Maybe we are already good to go. If that is how it works out than I would have to say management at least has a solid plan going forward of where they want the company to go. Eventually with Barrons backing and getting on the AMEX we might interest some institutional buyers.

Joe

[AngelHillCorp]

In regards to Float ....

Talked with Alan Gelfand .....
On 2/24/06 .. 4pm est

A TCLL DTC report dated 2/9/06 states ...

Public Float ............. 21,400,000 .... DTC Registered

Street Name ............ 24,600,000

Total Free Trading ..... 46,000,000

Float ... 21.4M Open Market Trading ... 2/9/06

Alan Gelfand ... [e-mail]

Phone number .. [phone]

All Open Market Trading Shares have to be DTC Registered ...

Michael & Joe ... I really enjoy reading your posts ...
Very enlightening clarifications on important issues for shareholders in regards to the 8K ....

Very nice work Michael on your analysis figures ...
Very balanced figures ...
Certain factors of consideration are if 1/8 RS occurs before end of year
this factors into a differant equation on the + Net EPS .....
EPS = +Net / OS ... undiluted on current 10Q
After 1/8 RS = approx 55m O/S ... diluted

Some questions of the factors that I have an appointment on Tues to talk with the attorney involved ...
is the Barron's .08 eps end of year factored up to .64 after the 1/8 RS ...

Certain other points of issue to take into calculated consideration are the 70% of "PROFITS" of N2J are paid to N2J directors compared to the formular that goes from "REVENUE" .. "PROFITS" to "Net EPS" ...
The differance in terms used calculates to differant figures ....