There are approximately 132.36 million shares outstanding (Number of common shares outstanding at December 31, 2015 was 132,357,356.). Insiders control about 80.57 million shares. The rest including the ones owned by the Lieberman Estate are in the float.
POWN doesn't have Disney funding them anymore ans hasn't generated enough revenue to keep funding full operations. I assume that suspending SEC filing is just one of the cutbacks.
I think most of the money POWN invests in projects goes to POWN management, helping to promote Stan Lee, instead of building the business. It's consistent with the way Stan has always operated.
I own a few million shares with a cost basis around 10 cents. Although, I took my initial capital out in 2010, after Disney bought in, and the share price took off. I also traded shares bringing up my cost basis.
It's a penny stock and a gamble, not an investment.
When it comes to POWN, I doubt Stan Lee or Gill Champion will ever get their act together. They haven't yet.
