InvestorsHub Logo
icon url

just-the-facts

08/11/08 11:57 PM

#15027 RE: eyeamgame #15026

Eye, nice points, but remember, even though the dilution of the merger hadn't been calculated (btw, is was in effect; just not reported/known), the float was still the same number and, as a percentage of O/S - A/S, was HIGHER back then even w/o higher dilution shares. In other words, the merger did not increase float at that time; only recently due to ST financing needs. Yet, now we have a bigger, better, more viable company than at that time. IMO, the lower the percentage of float to o/s - a/s, the better off we are as it pertains to potential rapid price increases. It's just amazing to me that the float only represents $4m+ @ today's price.

jtf