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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: John Gault who wrote (19330)11/18/1997 10:08:00 AM
From: Ellen  Read Replies (2) of 55532
 
# of outstanding shares minus # of 144 minus # of common shares put into certificate form= public float

This just isn't correct.

# of outstanding minus # of 144 = # of public float shares. Period.

Looks like Mr. Morgan is trying to provide TWO answers: 1) # of public float shares and 2) how many of those public shares have been put into name form (cert form).

I see, I think, what you meant about having all 3.3 million shares in cert form. You're thinking the 144 shares = shares in cert form. Then add the # of float shares in cert form with the goal of getting all 3.3 million in cert form - then the squeeze will take place. This is what you meant, right?
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