Dave, in your way, your DD is EXCELLENT, but IMHO, just a little one-sided. I get you don;t understand where the 96K additional float shares came from, but it could only come from one place, because those have been in the market since the March 10th OTC Markets update. The S8 was approved only last week, so its not S8 shares. Any shares the company issues are restricted and are not counted in the public float. So.......the ONLY place they could have came from were from note conversions. Thats it. There is no other magic" stock that can miraculously appear and become float shares. You may have overlooked that possibility, and if so, I completely understand.
If your counting shares though, good luck, expect the float to grow to over a million shares soon. Thats one of the listing requirements. "If" the company sold more stock now (which could't be legally counted in the float), then I am sure the source of funds would be disclosed in its quarterly reports.
Let's see what pans out over the next 3 weeks.
