Float - not what everyone thinksIt has been commonly thought that the float is 17 million shares, however, here are more accurate numbers.
Total shares outstanding = 26,636,070 (not fully diluted number)
Shares in escrow = 8,940,395
Of these, 10% were released from escrow on 1/10/2018, the date of the listing on CSE
So shares currently in escrow = 8,046,356
So the float as of today = 18,589,714
But if you take the shares owned by the two principal officers, namely CEO Tony Holler and COO Leith Pedersen:
Tony Holler - 2,882,612 (10.86% of shares outstanding)
Leith Pedersen - 4,678,251 (17.63% of shares outstanding)
So both these guys own a combined 28.49% of the shares outstanding.
I don't think these two guys are dumping any shares now or in the next 6 months - just an assumption.
So the "realistic" float is
18,589,714 - 7,560,863 = 11,028,851
I view the realistic float NOW as just a tad over 11 million shares
PS: No wonder shares are hard to buy. I wonder how the sp reacts when the company gets out in front of more eyes.