RE:RE:RE:RE:SHARES OUT
TheLandedEagles wrote: Don't get too excited seeing the term Institutional investors...these are accredited individuals with a net worth of over $1mm plus in assets, excluding real estate assets...and these are the type of inviduals that do these private placements with penny stocks and are classed as institutions....
This is either a recent change in reporting requirements and standards that I'm unaware of, or just making it up. I've purchased private placements as an accredited investor. My holdings were not included as "institutional " holdings. Who do you think defines what a "institutional " shareholder is? Hint, it's not you or me. It's not an exchange or securities regulator. I know from first hand experience while working for an institutional investment firm, that it's industry itself like using data sources like Morningstar, fundserv, Bloomberg,Reuters and probably many others. None of these data sources have the means to collect data on "retail" investors. "Retail" is the plug number in the formula.
so which is it? Some new database sprung up out of nowhere? Or are you just making up some pile of FUD ?