Replies to post #14801 on AimRite Holdings Corp (AIMH)

[jobynimble]

I will update the Ibox today showing the new filing and Marchi no longer an officer...

[southflatrader1]

Thank you..

[loanranger]

You indicate the following current share structure:

OUTSTANDING SHARES PER T/A 7/28/09: 61,125,123
RESTRICTED SHARES: 54,590,316
FLOAT: 6,534,807
AUTHORIZED SHARES: 150M

Please check the authorized share number. The way it is presented implies that there are 150M common shares authorized of which a certain number are outstanding, restricted and floating (unrestricted). I believe, however, that the total authorized share number is comprised of 100M common and 50M preferred, which would require a change in your presentation if it were true. As presented, the implication is that there are ~89M common shares available for issuance versus ~39M.

I could certainly be wrong about this, but the last SEC filing shows 100M common and 50M preferred shares authorized and I wouldn't think that, given the stagnant nature of the outstanding, an increase in authorized common would have occurred.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=1706336