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Microcap & Penny Stocks : NRAG-NorAm Gaming-Winning The Battle
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To: Due Diligence who wrote (338)1/6/1998 9:37:00 AM
From: PC11   of 441
 
Math 101

Sorry for digressing, but I noticed that somebody was disputing the published float total as of October 6, 1997. I was told to "reread it". So I will do the math.

If 25% of the float is held, and 1.4Million (75%) are remaining, then:

1.4Million divided by 75% = 1,866,667

The estimated float as of October 6, 1997 was ~1.9Million.
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