Thank you, J.C. As far as I can tell that, as of March 20, 1998, there were 286,796,690, ADVR shares outstanding. So, we know that about 91,568,133, of those are Restricted 144 stock. Therefore the float is around 175,228,557 shares. Now of those, somewhere between 30,000,000 and 39,000,000 of those are options that are registered and approved for exercise, but have not yet, been exercised. This is my estimated figure, and it is not official.
In my opinion, the float is not yet, too large. But, it is getting there! Hang loose!
I can not prove that there is now or ever has been any criminal activity exercised, by the market makers. Therefore, it is my opinion that everything that they do is legal. Remember, market makers are involved in the "Penny Stocks" to legally make money. They do have an advantage over the Individual Investor, in the fact that they can short a "Penny Stock", and the Individual Investor can not, except outside of the USA! It isn't fair, but it's a fact!
These are my estimations and opinions, only. I do hope that they will help you.
Many thanks,
JAKE |
