The float seems to be about 15M to 16M in my opinion. Looks like insiders picked up 1.5M shares for cash at a sweet price. Still, the fact they want shares IMO suggests good things are coming down the road.
From the latest 10Q - 21.519,362 shares of common stock, $0.001 par value, as of March 26, 2007
During the nine months ended January 31, 2007, the Company received cash of $19,879 for 1,490,000 shares of common stock (an average of approximately $.01 per share).
3. RELATED PARTY TRANSACTIONS
During the nine months ended January 31, 2007, the Company's founder advanced the Company cash of $36,200.
From latest 10K - State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date. 19,719,362 shares of Common Stock, par value $.01 per share, as of October 31, 2006.
Amount and
Nature of
Name and Address of Beneficial Percent of
Title of Class Beneficial Owner (1) Ownership Class (2)
-------------- ------------------------ ---------- ----------
Common Stock Scott C. Goldsmith 2,482,500 13.815%
Common Stock Aleene Goldsmith 100,054 .557%
Common Stock George Nasser 95,000 .528%
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