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TomFromYahoo

10/22/21 8:18 AM

#2563 RE: dg33 #2562

@dg33... If you mean the float of the common stock, I don't know, but I believe it has to be about 21 million shares or a little less. They've been reporting 46 million total shares of common stock for awhile, pre and post delisting. That was up from 21 million prior to their restructuring for commercialization in 2018, when they converted a lot of debt to equity. So, presumably, at least 25 million shares are now held by insiders (I don't have the time to put the pieces together from shareholder letters). This excludes the preferred shares that they created to raise money over the past couple years -- I think that will add about 12 million shares to the total count, but who knows. Of course, until we see an audited report, it is difficult to be precise about any of this (there have been obvious errors in some of their unaudited quarterlies that were corrected later). It's time for them to release an audited report that clarifies all of this. They paid the bleepin' auditors, so the reports have to exist. I think it's time for the shareholders to get copies.