Post by
railwaze on Nov 30, 2013 5:11am
Top 20 shareholders own 73.8 percent of 414 million shares
414 million shares issued......plus14.8 million options and warrants outstanding.....total outstanding would equal 428.8 million shares. Top 20 shareholders own 73.8 percent of the current 414 million issued at present. That is 108.5 million not tightly held. Therefore......the too many shares outstanding.....those not held by the top 20 is not excessive