RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Technically very sound,,!!Estreet, correct. Management owns around 30%, maybe 25% by the tme they get dilluted. Long term large shareholders and some smaller ones represend at least 30% I would say. Historically some people bought in the 10s then 30s and 60s and so on. A lot of the people who got in up to the 80s even are gone and new shareholders came in at the 1$ range. Even if some of these newer priced shareholders are not waiting till the end, you have a slew of new PP investors who came in recently for the long haul at the 60cents PP. I think that overall, by the time everything is said and done, 70% are long term holders or management. This leaves us with 40% of the shares being traded. Based on the volumes we have seen, we would roll over the whole float ever 60 days, so the price is going to keep rolling higher as the company proves its resources. Lets not forget, all of the G&A is already paid by the royalties they are getting on another deal they had. So this money that was raised, and that is being raised as we move along, is all for dilling. This is very important to note. No overpaid management fees, no pump and dump IR programs etc.
EStreet wrote: I not sure of the exact quote however I think Adam Smith said on one of the presentations that 30 percent of OCO's shares were held by insiders, another 50 percent of the holdings were made up of large and long term share holders,,. A lot of these folks have been at it a really long time so I woulnt expect any low ball offers making it anywhere especially given the diverse backgrounds technical expertise of the executive staff,,!!