Replies to post #793 on SK3 Group Inc. (SKTO)

[BL0ODLESS]

Geez Eagle... that wasn't much help to the poor guy! Haha here you go Votrade, let me know if this makes any sense:

Part 1

When a company first issues an IPO (initial public offering), the company defines a set number of shares for sale, at a specific asking price. The number of shares are defined into three categories:

1 - R/S: Restricted Shares. These shares are available for buying/selling, buy only with approval from the SEC. These are typically given to company employees as bonuses.

2 - Float. This is what we trade in. These shares are freely available to the public to buy/sell.

3 - O/S: Oustanding Shares. This number includes the total float, plus the total number of restricted shares held by the company.

4 - A/S: Authorized Shares. This is the total of ALL shares a company has available. This number, however, does NOT represent the number of shares available to the public. For example, a company may issue an IPO for 100M shares but hold 51M in their tresury, to protect against anyone performing a hostile takeover. Basically, anyone owning >50% of the shares, controls the company.