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whateva77

06/29/12 9:55 AM

#17596 RE: 9HikeDiscGolf #17595

No telling what the OS is at now with No Finacials Filed.
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Termite7

06/29/12 10:16 AM

#17598 RE: 9HikeDiscGolf #17595

Actually, I just meant to clarify the situation. I believe the O/S listed is not accurate.

Since the RS, there have been 4.1 million shares traded. Let's assume that each share traded was traded twice. That's 2 million shares.

Immediately after the RS, the O/S was around 4 million with Atwell holding 2.5 million of those. I.e., the float was 1.5 million. I believe the float is now 3.5 million and that Atwell still holds his 2.5 million shares.


Interestingly, last year's dilution was not as rapid as this year's. Last year at this time, less than 600,000 shares had been traded post-RS. It makes one wonder, doesn't it?