I noticed in the proxy announcement that 9% of the common shares are owned by "Brookline", or a total of 12million. Does anyone know if this a institutional investor that hopped in since the last quarterly announcement (hence no listed as institutional owner). Unless someone name change (like Madonna) it certainly isn't a individual investor. I googled the name, and there are a few investment companies with that in their name, the most applicable looking like one out or Birmingham Al. It will be interesting to see if institutional investor listing includes them in the next quarterly report. I also noticed the number of share holders is still about 200. Sad since they gave the Kevin S. guy 7 million to get more people interested. Seems like that got the company a couple dozen new investors.
Brookline came on about a year ago if my memory serves me. The terms were in a release and in 10q some time ago. They received shares at a higher price than trading when deal closed. Not sure why they are not listed. They are institutional. They have interest in companies like ADMD. There was quite a lot of chatter on this board when they came on.
Not sure if I answered your question but they have been in the stock for some time now.