Insiders have 14m shares as part of the 22.5m shares outstanding. They are included in the F-1 filing share count. Also, 4m shares of insider warrants that weren't turned into shares are included in the filing.That's half the shares. The incentive shares are spread out over 3 years and are based on various net income targets being reached. For 2010, it's unlikely management will get more than 60% of the possible incentive shares. To get the maximum 10m shares they'd have to have 40m net income. Based on the fourth quarter RCT I see 2010 net income between 36-38m which means they only get 4m to 6m shares. There's no guarantee they'll reach all of the targets for 2012 or 2013 to get the maximum 8m shares for both years. The share count for 2011 will either be 26.5m or 28.5m plus 1.5m shares for the acquisition. I have net income at 66m w/o the Galaxy and Wynn. That's $2.20 to $2.36 exclusive of the Galaxy and Wynn. Do your hoemwork before you start posting BS about a 62m share count.