InvestorsHub Logo

barboli

06/21/11 9:43 PM

#1280 RE: stock-dad #1278

Stock-Dad, Thanks for passing on that tidbit on LBGE.

sweet crude

06/22/11 11:56 AM

#1294 RE: stock-dad #1278

LBGE share structure confirmed (4 mill float)

http://twitter.com/#!/search/lbge

smallcapalerts Wall Street Newscast
$LBGE (Confirmed) around 320 mill OS, 290 mill held by insiders/restricted, float 15 mill, but just 7 mill in CEDE, no reverse split (.016)
35 minutes ago



So of the 15 million float, only around 7 million is actually deposited in brokerage firms for sale. Of that 7 million an easy 2 mill+ has already been taking out, so really looking at like 4 to 5 million in real float available to trade.

Filings, audits, and name change coming, no reverse split - all confirmed!