Dan, just got around to checking out your numbers. Something doesn't add up.
29,949,000 shares outstanding
7,700,000 public float
2,100,000 Jerry G. Mikolajczyk
18,000,000 Gerald E. Sklar
300,000 Dror Moradov
300,000 David Schaffer
810,000 four others in mining division
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29,210,000 total
Specifically, where are those approximately 7,000,000 shares (post split) given to those two Malagasy mining companies?
Also, do you get the feeling the float has been increasing rapidly over the last few months, or did ABFG misinform investors?
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1/6/99: I called abfg today... there is approx. 2.5 million shares in the float.
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1/6/99: I was told 1.4 million in the trading float with another 2.1 million in friendly hands.
#reply-7140845
2/4/99: I'm told that the float is 3.5 million
#reply-7650913
2/10/99: Was told 6.5 k on the float
#reply-7749973
3/6/99: The company estimates there to be 3 to 4 million shares in the FLOAT. So it's good to see the float on the smaller side.
#reply-8188851
3/16/99: Just had a great conversation with Kelly Kellner in Investor relations... Float is 3.2 million
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3/16/99: I talked to Blaine at Investor Relations, because Kelly was gone. He thought there was 3 to 4 Million shares in the FLOAT.
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3/24/99: called the company this afternoon.....29mil total 7.5 float
#reply-8506233
3/29/99: I'm not sure what the flaot was earlier this year, but I had a discussion with Kelly Kellner, of ABFG today, and he informed me that the current float is 7.5 mil.
#reply-8589980
3/30/99: Outstanding Shares(OS)- 29 Mil. Float- 7.5 mil. 3.8 mil held by insiders.
#reply-8602505
3/31/99: 29,949,000 shares outstanding, 7.7 mil in the float ( about 3.9 with the original financial investors who bought in @ $2.00 - $2.50 per share)
#reply-8638766
4/8/99: Kelly Kellner says "approximately 8 million in the float" during the live broadcast.
- Jeff |
