Replies to post #2040 on Market 99 Ltd (fka MNTY)

[PayDirt!]

IF THERE WERE 50MIL SHARES BEFORE THE SPLIT 10 FOR 1, HOW CAN THE PREVIOUS STATEMENT BE TRUE? (JUST TRYING TO UNDERSTAND)HERE IS THE STATEMENT:
The 220 mil is the outstanding shares. The 95 mil is the float (the amt of free trading shares) this means that there must be 125 mil shares held by insiders. My hope is that the company used some of these 125 mil shares for the merger

[rheddle]

Foat info - 220 million - http://www.ecarfly.com/i/