GTC, I don't see where you are coming up with the 97B as being the shares held in street name. The PR says; Of the 800 billion authorized shares of common stock, CMKX currently has 703,518,875,000 shares of common stock issued and outstanding to approximately 2,032 stockholders of record. Stop there without adding this part (excluding shares held in "street name").
To me they are simply saying that of the 800B authorized they have only issued 703,518,875,000 meaning there are still 97B shares that could be issued if they so desire. Also if UC retired that 75B from USCA back to the treasury as was stated, that should account for all but 21.5B (21.5+75=96.5) (96.5B+703.5B=800B)
Also there was talk for some time that the o/s would be 779B. Not sure where they were getting this number but if that was correct and you take out the 75B from USCA, that leaves you right around the 703.5B number. Also back when they raised the a/s from 500B to 800B, some were speculating that they may have raised the a/s in order to buy into another Co./ etc issuing restricted shares for the purchase or whatever.
I have a felling that most of our shares are NNS. JMO. LTT
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