Replies to post #1086 on Cono Italiano, Inc. (fka CNOZ)

[PinkPennies]

Wow that is hugh after hours news...FoodNetWork is hugh. Wish this would dip enough so I can pick up more but this news should send this way north. Only hope I see for a dip lower than the close is that 39% shorts covering on the open! Will be hawking it...lol!

[Kevin_]

Float is less than that. If u read the last 8K it says:

"51,750,000 shares of our Company’s common stock, equal to 56% of our issued and outstanding shares, are owned or controlled by three individuals: (i) Mr. Mitchell Brown, our Chief Executive Officer and a member of our Board of Directors, owns 30,000,000 shares of the Company’s common stock directly, and has sole voting power and sole power of disposition over all 6,000,000 shares of the Company’s common owned by Lara Mac Inc.; (ii) Mr. Joseph Masselli, the Company’s former President, former Chief Operating Officer and a former member of our Board of Directors, owns 15,000,000 shares of the Company’s common stock; and (iii) Mr. Steve Savage, our Secretary and a member of our Board of Directors owns 750,000 shares of the Company’s common stock. As a result, these three individuals will be able to control the direction the Company takes."

O/S-51,75M = Float
Float= 92,4-51,75 = 40,65M

Float=40,65M