How could he acquire this many shares on open market if float is less!!
And PR says he can!! Impossible!
The number of the outstanding shares of our Common Stock does not represent the “free float” of our Company. No less than 5 billion of our outstanding shares of our Common Stock are restricted and are therefore not free trading. A single new stockholder already holds 19.6 billion of our shares of Common Stock. We are aware that this new stockholder could acquire no less than an additional 15 billion shares of our free trading shares of Common Stock from identifiable stockholders, should it so wish, as these stockholders will not dispose of any its stock in our Company at current market prices.