Replies to post #4976 on Identa Corp (IDTA)

[pamo14]

a 1/100 rs = 60000 float ?????

[factsnottheories]

Let's review the arithmetic.
With a 1:100 RS there will be 32.5 million shares outstanding. Public would be holding AT LEAST 6 million shares, and more likely 12 miliion shares after Alliance gets out.
That is what the float would be. Not 60,000 shares.

[Orangeman3]

My mistake S/B 6 million not 600,000