Replies to post #8660 on One Step Ahead

[Tim71]

Thanks Bo....
I have 35 million shares should I get certs too? I am not quite sure what that does though? If I hold certs does that mean my freetrade account doesn't have them?

Thanks

Tim

[Bo14172]

One last point about post #8660.

In it I wrote:

"Next he assmues that the amount Urban owns is at least 51% and this amount should be added to whatever the O/S should be.
I'm not seeing it that way. Even thought Urban's shares are restricted, they are part of the O/S. So if he is assuming our O/S is 400 billion, Urban's shares would count in this figure as well, not add to it."

One last point is that Willy assumed Urban's 51% would total 251 bil, because the Authorized Shares are 500 bil.

Just as the amount of Urban's shares would count within in the O/S, the actual number he would own is 51% of the O/S, not 51% of the A/S.

Bo