BTW, here are george's thoughts on the max. CMKX float:
georgeburns: Happy Camper, the float, on Mar. 24/05 CMKX PR
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Happy Camper... the float...
« Thread started on: Today at 2:29pm » <br>
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From Todays PR:
...small business issuers such as CMKX.
From Regulation SB:
(1) Definition of small business issuer. A small business issuer is defined as a company that meets all of the following criteria:
(i) has revenues of less than $25,000,000;
(ii) is a U.S. or Canadian issuer;
(iii) is not an investment company; and
(iv) if a majority owned subsidiary, the parent corporation is also a small business issuer.
Provided however, that an entity is not a small business issuer if it has a public float (the aggregate market value of the issuer's outstanding securities held by non-affiliates) of $25,000,000 or more.
25,000,000 dollars divided by .0002 = 125,000,000,000
Public Float is less than 125,000,000,000
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Disclaimer: Items above may or may not be true. Do not buy or sell stock based on what I write.
CMKX DD and PRs: Updated CMKX Profile Page; PRs, Sask, Ecuador, Zinc, Uranium, Calculator, more (all at
www.noboxtrading.com compliments of georgeburns DD - bd).
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Re: Happy Camper... the float...
« Reply #12 on: Today at 2:37pm » <br>
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on Today at 2:34pm, xxed wrote:
D....t George!
You must have been reading and studying this thing since it was put out this morning!
You are amazing!
LOL
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georgeburns answer:
Actually I read it once and went to sleep with a mediocre PR feeling. When I woke up, I saw the SB stuff and got a little happy.
www.noboxtrading.com/cmkx/volume.aspKeep that 125 Billion number in mind when you look at the historical volume of this puppy.
Then keep in mind this crap with Ameritrade.
From:
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based on GB new theory, the NSS could be 10X larger then the real float?
Tender
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Re: Happy Camper... the float...
« Reply #17 on: Today at 2:38pm » <br>
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on Today at 2:36pm, treyb wrote:
I hope you are correct.
Using your logic though, the float could be 250,000,000, since the ask is .0001.
georgeburns replies:
I read somewhere that they have to calculate the aggregate value based on an ask somewhere in the last 2 months of the fiscal year... December or November... I'll see if I can find you a link.
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Re: Happy Camper... the float...
« Reply #26 on: Today at 2:51pm » <br>
NOTE:The public float of a reporting company shall be computed by use of the price at which the stock was last sold, or the average of the bid and asked prices of such stock, on a date within 60 days prior to the end of its most recent fiscal year.
www.sec.gov/divisions/corpfin/forms/regsb.htmSo the average may be .00015 which may mean...
166,666,666,666 in the float... which is still cool with me.
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