Monday, July 11, 2011 12:29:42 AM
Royal has been watching TOFS very closely, DD:
Share Structure
Float: 230,000,000 as of May 04, 2011
O/S: 499,022,615 as of May 04, 2011
A/S: 5,000,000,000 as of June 10, 2011
The merger is suppose to finalize very soon, as per their June 15 press release, "(Pink Sheets: TOFS) plans on completing its pending merger just after the 4th of July 2011."
http://www.otcmarkets.com/stock/TOFS/news
TOFS was also reinstated on April 22 2011 with SOS, and had a nice run to a high off .001 then took a drop and weeks later ran to .002.
The thing I like about this stock is that if you take a look at the 2 year chart on this you will see on Feb 4 2010 the stock had aprox 100M in volume and ran to .0012 from .0002. The reason this is significant is it shows dilution is on the low side if compared with the 2011 numbers.
During the Feb 2010 run aprox 100M in vol ran the stock from .0002 to a high of .0012
During the May 2011 run aprox 62M in vol ran the stock from .0005 to a high of .002
The numbers are pretty reasonable if you do the math which again signals at the low end of dilution. Hopefully the PPS comes to fruition when the completion of merger news is released. Below I've attached a 3 month chart along with a 2 year chart.
Share Structure
Float: 230,000,000 as of May 04, 2011
O/S: 499,022,615 as of May 04, 2011
A/S: 5,000,000,000 as of June 10, 2011
The merger is suppose to finalize very soon, as per their June 15 press release, "(Pink Sheets: TOFS) plans on completing its pending merger just after the 4th of July 2011."
http://www.otcmarkets.com/stock/TOFS/news
TOFS was also reinstated on April 22 2011 with SOS, and had a nice run to a high off .001 then took a drop and weeks later ran to .002.
The thing I like about this stock is that if you take a look at the 2 year chart on this you will see on Feb 4 2010 the stock had aprox 100M in volume and ran to .0012 from .0002. The reason this is significant is it shows dilution is on the low side if compared with the 2011 numbers.
During the Feb 2010 run aprox 100M in vol ran the stock from .0002 to a high of .0012
During the May 2011 run aprox 62M in vol ran the stock from .0005 to a high of .002
The numbers are pretty reasonable if you do the math which again signals at the low end of dilution. Hopefully the PPS comes to fruition when the completion of merger news is released. Below I've attached a 3 month chart along with a 2 year chart.
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