Replies to post #477 on Asura Development Group, Inc.(fka IAGI)

[The Paper Chaser]

Well said ! I'm a holder here as this has a big upside if everyone has some patience..imo

[mick]

i did the stats at several places. al said here is about right for dd.
re;
Float is reported via Ihub under the quote tab as 137.5M shares.

Yahoo reports that insiders own 59% of shares.

CNBC reports that 95M shares are held by large block holders.

No matter how you look at it, if everyone holds, this pupppy flys like mad. Insiders can't just dump because they have to seek SEC approval and file because this isn't a pinky pos.

[rjbluesky]

The following Wedbush Morgan Securities link when you type in IAO for a quote shows outstanding at 225.95 mil shares. I think this was raised from the Yahoo quote of 218 mil outstanding due to recent options etc., by employees, funds, etc. We know from a June 4 filing that the authorized was raised from 300 mil to 450 mil shares.

http://www.wedbush.com/tools/quotes/

With the Inter Asset Japan LRO No. 1 fund buying so many shares via the Aug 24 PR, more shares go into strong hands. I'm estimating about 70% insider/fund ownership at this point in time with about 100 mil in the trading float.