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easymoneyva

10/16/06 7:55 PM

#10404 RE: likwit #10403

This is how I see it actually: Note that this was put together by Papillio (spelling?) and I have added to it a bit:

252M according to transfer agent as of one month ago
282M according to TA as of this week (and verified by FGFC in 10/5 PR)

However, through press releases, FGFC has announced that a total of 110M shares have been bought back on the open market. They intend to buy back another 40M. After this is done, the TA will be updated.

So, follow this:

282,000,000 total O/S per TA (including restricted shares)

110,000,000 total restricted bought back per PR's
40,000,000 total "intend" buyback complete by end of October
15,000,000 total "up to" CEO will buy back on open market
This equates to 165 Million

Thus, (282M - 165M = 117 M)

Of this 117M at least 35M are restricted shares...so 117M - 35M = 82 Million free trading shares