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CashBowski

07/29/17 6:03 PM

#100693 RE: falco_lombardi #100677

Very good post. Market cap is what's relevant.

I've actually started working on figuring out the float as I type this, in regards to accounting for preferred shares. DTC shows only ~ 4.2B, so that's technically what's currently in the float, including some preferred shares (I'm working on that number). There's a certificate at TA for the remaining 800M, but those shares aren't included in the public float.

I recall in 2014 the OS was around ~350M, but the float was about ~90M -- and the float is what matters in regards to free trading shares moving pps since the remaining is held by insiders.