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goforitMOP

05/29/11 9:45 AM

#17450 RE: BigOnChina #17449

2 million

M_T_Pockets

05/29/11 10:14 AM

#17452 RE: BigOnChina #17449

Hi BOC, here's the numbers I have. The members of this board that have reported their holdings total 33. They hold a total of 225,158,015 shares. There are other members who have chosen not to report the exact numbers, (i call them the ARMADA) & they assure me that they are substantial. (they say amounts like "boatload", "shipload", "skiff load" and "more than any other members have reported") That's OK, there is no requirement to report your holdings. This is just an "exercise in curiosity".

CGFI officers (4) hold 332.875 mil. shares, or approximately 10%.

My calculations of reported holdings by this board are 6.79%.

To answer your question, the FLOAT is 92% of the outstanding shares or 3.314 billion shares.

My figures are just rough, and certainly are not 100% accurate, but they should give you some idea of where we stand.
If the ARMADA calculates in their holdings, I'm guessing we are approaching 10%! That is equal to the officers!
GLTA