With all due respect GB, the shares you refer to per 5/03/12 have absolutely nothing to do with what I'm talking about. And, I have not said a single word about dilution. Perhaps you just haven't realized yet that floats grow, even when the o/s doesn't?
And as far as shares being re-restricted. No. Law is law.
We are not talking about insider owned shares here. Unless management owns up to those 54M non-float shares, only a fool would think they're never going to hit the market.