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zomniac

12/09/10 9:55 AM

#168228 RE: zomniac #168208

OOPS, I made a mistake. The float numbers are updated in your IBOX:
"Please note as of 06-09-2009 there are 211,620,500 shares outstanding for CASCADIA with 65,325,500
shares free trading and 146,295,000 shares restricted and 500,000,000 shares authorized."
LOL

Shares Outstanding 211,620,500 a/o Nov 19, 2010
Float 23,000,000 a/o Feb 24, 2009
Feb 2009 is a long time ago, and was it ever determined how the float number was calculated ?
there's 100,000,000 unaccounted for

NOBO list indicates that 49,279,059 shares
61,575,007 shares of Cascadia Investments, Inc. are in brokerage accounts. Totals ~110,000,000

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janice shell

12/09/10 1:34 PM

#168442 RE: zomniac #168208

NOBO list indicates that 49,279,059 shares
61,575,007 shares of Cascadia Investments, Inc. are in brokerage accounts. Totals ~110,000,000


And why would anyone add those figures up? The NOBO indicates how many shares are held by "non-objecting beneficial owners" in street name. Other street name stock is held by OBOs, which the PR doesn't mention.

And what about the stock held by individuals in certificate form? That has to be added to the amounts held by NOBOs and OBOs. You add the three together, and if the total is higher than the o/s, then there's an NSS problem.

But since the o/s is in fact 211,620,500 shares, obviously there IS no NSS problem.

The stock on the DTCC sheet is irrelevant, as it shows stock in the transfer and settlement process as well as stock actually held in street name.

It is not difficult to get this stuff right.