Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: mike machi who wrote (10546)	2/25/1999 9:34:00 PM
From: Tiger USA	Respond to of 37507

Sam, That's pretty funny but its not BII, as I'm sure you know. BII's float is about 38-45 million shares, although there are still some technically not "floating" as they are still in the form of warrants. Also BII has 50 Million authorized shares (I believe). This is my definition of the float vs. non-float. If anyone takes exception, let me know. FLOAT = Shares issued and outstanding, actually held and/or traded by other companies and individuals not restricted from trading. NOT FLOAT = (1) Shares still held in the corporations treasury, (2) shares "restricted" and not yet tradable, and (3) warrants not yet exercised. FLOAT + NOT FLOAT (should) = Total shares authorized by the SEC (woops sorry ... not the SEC, but whomever authorizes them in Canada) John