Replies to post #71466 on CBA Florida Inc. (fka CBAI)

[necktoeye]

That's 110% correct from what I can't find!! I think the key is right here.

Could of it been a partial chill on the few remaining shares? I don't know.
Quote:
--------------------------------------------------------------------------------
The DTC "chill" applies to all shares newly issued after the "chill" went into effect on December 14, 2010, as well as all shares newly freed from private placement sales restrictions after the "chill" went into effect. --------------------------------------------------------------------------------



Very important statement I believe!!


Updowns numbers from his sticky note.
OS: 6,815,696,764 as of 03/13/11 (source: 03/13/11 10k - dilution: 1.123B in the last 4 mos)
OS: 5,692,564,026 as of 11/09/10 (source: 09/30/10 10Q - dilution: 419M in the last 3 mos)

Hmm how many of the last batch went out prior to dec 10th?

Also remember tangiers deal was done back in 09. those shares I think are not part of the chill even today.

So how many shares are on a chill

lets do the math ok assuming equal release of shares on a daily basis over the 4 months.
1.12 bill / 4 months (11/9/10 - 3/31/11 = 840,000,000 shares / 100R/S = 8,400,000 shares. who cares!!!

Well at least that's how I see it.

Oh and let me add that the shares that are remaining on the A/S I would assume are part of the chill also. Looks like CBAI will make it on there own through organic growth and increased revenues!! Thats a good thing. actually a realllly good thing!!!
Have a good day!!