Share Structure (Verified by transfer agent American Registrar, UT)
500m auth.
140 m o/s
Restricted: 109,639,365
Float 30 million (DTC) see notes
Tradable float: 20 m m/l
#of shareholders: 2007
Share structure notes:
• Of 30 million float, approx 10 m is held by 2 individuals.
• There are nearly 2000 shareholders spread over the remaining 20 mil shares. (average of 10,000 shares per)
• Share structure/shareholder numbers are additionally verified by viewing level 2 as it reveals many more market makers than what is considered normal for a security of this class .
• Average price (est.) of existing shareholder base: $.25- $1.00.
• CEO Miller has most of the 144, regs allow him to register approximately 1.5 million shares per quarter. Investigation reveals he may be in the process of registering an eligible quarterly block. CEO Miller shows no predisposition to sell without careful consideration.
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