Knock Knock
Post# of 11107
Who's There?
Dilution
Dilution Who?
Get out of here if you don't know who I am!!
I'm just rounding these numbers off to keep this simple
Dec 31: 2.9 billion o/s
Jan 15: 478,000,000 retired
Jan 27: 4 billion o/s
Going to Feb 7th, is that a total of 633 million (including the 478 already cancelled) or are these new shares? If we are already including the 478 already canceled, this is only an additional 155 million retired.
So 4 billion less 155 million retired is still over 3.8 billion shares o/s as of Feb 14th, the date the report was released. And if we take away the other 400 million to be canceled. that will bring our o/s down to 3.4 billion (which makes sense based upon the 175 * 20,000,000 pref c 'gift' since the o/s must be less than 3.5 billion)
Maybe if we can get a screenshot from the transfer agent confirming the float as of today would help