Exactly Ohm. But remember that that % of float held by institutional investors is a negative number. Preferred shares are not included in the float, only common. I think that explains why the ownership percentage is negative because they are preferred shares.The company can use unrestricted preferred shares that are not subject to any restrictions or limitations on their transferability or conversion. They can make 1 preferred share equal to 20M common shares or whatever number they need to achieve their goal. Also, preferred shares have no voting rights and the common stockholders keep full control of the company. I am looking forward to learning what exactly has transpired.