MC Endeavors Inc (MSMY)

[riskon]

MSMY Float / 3 Point of View Weekly Charts

Share Structure (Last Confirmed 3/31/2012)
Public Float: 137,990,000
Outstanding Shares: 238,882,694
Authorized Shares: 770,000,000

Because of CE Status, no new share issuance can hit the market per SEC regulation, so max float is 238,882,694 if the ~100,000,000 Rule 144 hit the market, with last confirmed float of 137,990,000. Previously shares were being used as apart of joint venture-ship/partnerships, essentially tying company financing/ability to maneuver to share price. Never any widespread debt or dilution, was a series of a failed partnership dumping on the market and the nature of the algorithmic rooted markets responsible for the large drop.

From a pure technical play, potentially fruitful waters ahead.

MC Endeavors Reports on Unusual Stock Trading Activity
http://www.businesswire.com/news/home/20111019005704/en/MC-Endeavors-Comments-Unusual-Stock-Trading-Activity





$MSMY