InvestorsHub Logo

J.T. The DD King

11/20/12 2:49 PM

#1122 RE: Myrka #1121

Hey Myrka! It's nothing to be concerned about. When the company sells convertible notes with warrants and they come due, they are registered and deposited and now become part of the OS. (Outstanding shares) and float. Its just a shuffle from the what the company is holding to the OS. The issue of 200M hasn't changed.

If you want to figure out the float you can call he transfer agent and ask how many warrants, options and restricted shares are outstanding then subtract that from the OS. Either that or dig through the Q4 and add them up then subtract them yourself. :-)