IMVHO the info released in the PR is HUGE. First of all, a new revenue source was revealed:
The video-on-demand offering from New Screen TV is a pay-per-view option that will be available in markets where New Screen TV has affiliates with digital-based distribution infrastructures. The video on demand channel will be in addition to the "basic cable" New Screen TV channel.
Also, and more important to the investor is this:
Management officially discloses that the public float at this time is 314,855,422. The public float does not include insider and management's restricted shares of 2,029,684,656. The transfer agent is not prohibited by the company from disclosing the issued shares with responsible stockholders.
These are the SAME numbers from :
OUTSTANDING SHARES AS OF 9/26/2005
Outstanding Shares 2,344,540,078
Affiliated Restricted 2,029,684,656
The Public Float 314,855,000
This means no more dilution has occurred since then. Almost a month. That's great news. Looks like the word hasn't gotten out yet. I'm glad for once I'm already loaded.
GodBless-NoDoubt
cris |
