Premier Products Group Inc (PMPG)

[beenhadbefore]

Problem! The shares outstanding went up 50% in the last 2 months.


Shares outstanding November 20, 2015 -10Q was 88,213,001 shares.
Outstanding: 135,386,286
Float: 74,269,507
Confirmed February 11, 2016

135,386,286
88,213,001
74,674,373 new shares issued since Nov 20th 2015

The $5 million equity credit line announced Nov 23, 2015 will destroy any price movement to the upside on this deal. They have issued double the amount of shares outstanding since November.

All the shares being traded right now are new shares being issued or created with the proceeds going into VHMC pocket after broker fees.