Replies to post #4028 on Flameret Inc (FLRE)

[kdaniel]

Not sure where you got the authorized share number but it is off. If you look at the latest 10-Q 1/17/2012 They have tripled that number. Hopefully they will pump it again before they start dumping those shares.



Common stock, $0.0001 par value, 1,800,000,000 shares authorized, 178,028,120 and 20,943,120 shares issued and outstanding, respectively

[benosufan]

Thanks G! So Glover really doesn't have a clue about the share structure I guess. Just so everyone knows, I wasn't the only one who Glover told the float was 185 million. Interesting indeed. Then the TA doesn't even have the A/S correct.

LOL, someone needs to go back to 3rd grade and learn to count. It's basic addition and subtraction when counting the shares.

Oh well, if we want to believe the TA then they have approx 20 million more shares to sell into the float. Let's hope they don't all come at once. Come on Glover, throw us a bone.

Glover will eventually need to sell/release/convert more shares IMO. It's his style in many of his other stocks as well.