InvestorsHub Logo
icon url

Realperson

07/17/07 4:15 PM

#45515 RE: tedwitt #45514

Ted
That was the post of the day
short
and to the point
icon url

Rally Cry

07/17/07 4:16 PM

#45516 RE: tedwitt #45514

Another day, another big red stain on my portfolio. I thought the PPS would sky rocket with the news of the "acqusation" of the Ameila Earhart photo. Oh well, maybe tomorrow they'll PR that they bought a picture of the Titanic. I sure wish I could find a life boat right about now. Sorry about the whining. I'm done now.
icon url

Imirish

07/17/07 7:59 PM

#45535 RE: tedwitt #45514

ted

with all due respect... I don't see that to be the case... one has nothing to do with the other...

in my opinion...

Imirish...
icon url

LowFloatGoat

07/18/07 10:17 AM

#45554 RE: tedwitt #45514

At the current price that would be dollar volume of $1.5 million. That's a lot when you compare it to other pinkies that do 100 million in volume at a price $0.0015. For them, a 100 million share day is only $150,000.

However, I agree we don't trade like there's 1.75B in the float. I think that's because the newly issued shares are restricted for 5 years. There are also some set aside for the condo deal where preferred can be converted to common.

IMO, the OS has increased but the number of shares that can currently be sold into the market has not changed. That puts us back to the 800 million tradable share figure, then subtract the shares held by insiders, etc.