And you are correct. Stocks held in certificate form are part of the float and can be sold, but I don't even think this is a major issue. The real issue is why the O/S was recently increased.
well you know what they say about assuming! I hope you didn't sell because you assumed the float was over 25m. When the company gets a call from someone or the IR they might explain the shares in cert form. I do think that is what individual DD is about. However many here have shared their own DD that took hours to accumulate. It can be accepted or questioned.I'd check with the company if I didn't feel comfortable with the share structure. It was one of the most inportant things discussed in the first early conversations between shareholders here and management. Aldo Rotondi would gladly offer the answers if some are so inclined to actually want the correct answers.Sea