I calculated this way:
Effectively, investors are still holding.
number of shares issued in the market: 41,163,087.
33% being held by matt kerr 13,721,000.
the remaining 67% = 27,442,059.
Available for sales: 82,230.
That equates 0.30percent.
Investors are holding on this one.
Hence, 31000 at above $2, is a bargain.
This is definitely a take-over potential.
GLTA. DYOR.