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MikeDDKing

09/02/06 12:31 AM

#3602 RE: Joeiniowa #3601

Joe re: float...

It is true that 40M shares would be a significant amount to sell via open market sales. However, Barron Partners tries to sell their shares via private sales. See the link below for their sales history:

http://biz.yahoo.com/t/51/4898.html

Here is a link that talks about Barron Partners philosophy. Note the section on building a float.

http://www.barronpartners.com/postinvestment.html

The more I think about it, however, I think it would take them a two to four months to work through 40M shares in both open market and private sales if that is what is required.

Mike