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Traderfan

02/11/09 9:59 AM

#10751 RE: ThSeeker #10750

Well the point is the following. Just because they are not tradeable doesn't mean they shouldn't be in the O/S. Afterall that just means they are not in the float but think about the fact that they are tradeable again in a few weeks or months so they NEED to be factored in into the O/S because they will be part of the O/S very soon again.
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grandetourismo

02/11/09 10:14 AM

#10753 RE: ThSeeker #10750

I'm not worried about the converted shares because they reduced the O/S and are restricted from trading for 6 months leaving the float miniscule.

Keep in mind also that Errol does not want a pink sheet penny stock and is preparing to up list.