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Mudcat18

03/12/14 10:46 AM

#98820 RE: Bushmantrader #98804

Thanks Bushman. Just so you know, I know already the answers to my questions, since I am the one who did the initial analysis. The number is actually not even 1.1 bln but 804.5 mln.

I would like to see if the posters who are quoting the 2.5 bln figure can back up their numbers with facts.

Yes, I believe that the shares will be easily absorbed by the market, since an accurate spreadsheet of the timing looks like the below...

March 83,240,980
April 94,000,000
May 240,243,695
June 0
July 247,000,000
August 140,000,000
Total 804,484,675
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KwikKash

03/12/14 10:48 AM

#98823 RE: Bushmantrader #98804

Not trying to be a wise-ass here, but what accounts for the discrepancy?

In the report you reference, the restricted share issuance on page 3 shows over 2.5B shares to have their restriction lifted between now and september, but page 1 reports the difference between A/S and the float is 1.2B

I think this is a big question mark that have some people on the fence, weak hands, etc. questioning the integrity of their financial data.