Regarding shares in the float, is there only 10MM?

Regarding shares in the float, is there only 10MM?

As of the date of the 10K (Sept. 30, 2012):


Dr. Krishna Menon C/O Cellceutix(3)
100 Cumming Ctr., Suite 151-B
Beverley, MA 01915 49,048,286 43.41%


Leo Ehrlich (4) C/O Cellceutix
100 Cumming Ctr., Suite 151-B
Beverley, MA 01915 36,251,812 29%



Total 83,300,098 72.41%

83 million owned by leo and Dr menon, about 95m outstanding, so only 12m out there in the market?? Why does that number seem low to me (not that I am complaining)