OVIS has 2,465,562 shares in public float
Just to correct the record on the number of shares in the public float.
According to the SEC filings made by OVIS, the Company had 322,215 shares outstanding as of June 30th, 1996.
Since June 30,1996, OVIS public filings state that OVIS issued 1,656,680 S-8 shares (free trading) 436,667 Reg-S shares (free trading). 50,000 S-8 shares (free trading) 2,143,347 new free trading shares* 322,215 from prior year 2,465,562 shares in the public float
Ovis issued another 500,000 shares but has failed to disclose the purpose or whether they are free trading. If they are free trading, then there are 2,965,562 shares in the public float.
*According to OVIS filings, OVIS did not receive money for these shares (2,143,347 shares). |