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earthrhino

03/06/07 10:52 AM

#16013 RE: synapses11 #16012

Yeah, if that were only true.

11 billion Authorized, not Outstanding.
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R-money

03/06/07 10:52 AM

#16014 RE: synapses11 #16012

11 billion authorized, 4.3 outstanding. We trade 4.3 billion but the float is likely half that, maybe a bit more. Lots of strong hand holding many shares. 11 billion o/s is not correct and has no effect on trading, unless they are dumping, but Co. said they are restricted under SEC rules.
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Croireavenir

03/06/07 10:55 AM

#16016 RE: synapses11 #16012

Glad to see the bashers back! Good for some entertainment while I wait for my $.
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bartermania

03/06/07 10:56 AM

#16017 RE: synapses11 #16012

wow...that's was a blatant lie! that post should be removed.

you said: "Pretty hard to imagine this thing popping when there are 11 billion shares outstanding,"