Posted On: 08/05/2016 8:32:43 AM
Post# of 146
Insider Holdings: 210,699,615 shares (restricted and non-restricted):
CEO, Bernard Findley 165,252,165 shares
John Ward 2,816,000 shares
Warren Wheeler 33,956,000 shares
Basin Holding Co.8,675,450 shares
That means:
1) with 650M A/S and 210,699,615 held by insiders there really can only be, at most, 439,300,385 shares publicly traded at any given time (should A/S get maxed out)
2) Insiders hold proportionally more shares as compared to most companies and, thus, should have great interest to keep the share structure as compelling as is.
CEO, Bernard Findley 165,252,165 shares
John Ward 2,816,000 shares
Warren Wheeler 33,956,000 shares
Basin Holding Co.8,675,450 shares
That means:
1) with 650M A/S and 210,699,615 held by insiders there really can only be, at most, 439,300,385 shares publicly traded at any given time (should A/S get maxed out)
2) Insiders hold proportionally more shares as compared to most companies and, thus, should have great interest to keep the share structure as compelling as is.
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