Ben Ezra Weinstein (BNEZ) Message Board

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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ)

BNEZ 0.00

Sep 18 5:00 PM EST

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To: Leroyt who wrote (3121)	10/2/1998 6:56:00 PM
From: lakers17	Read Replies (2) of 9391

Leyroyt...... The float is not the authorized shares-the restricted shares. The float is the outstanding shares-insider held shares and restricted shares. For example company XYZ is allowed to issue 50,000,000 shares. This is their authorized shares. At this time they have 25,000,000 million shares issued. This is the outstanding shares which includes insider held, restricted and the float. The float on XYZ company is 10,000,000 shares. These are the shares that are tradeable. Management and other insiders hold the other 15,000,000 that make up the outstanding 25,000,000 shares. Lakers

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