Advanced Container Technologies Inc (ACTX)

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It's a solid quarter. Sales are great, COGS is even greater. If advertising costs were not so high, we would have had a green quarter. But you have to pay to play, so to speak. I did notice 400 M shares authorized on April 1, 2016, so this may be the difference in authorized shares I noted in TD Ameritrade earlier. Based on email with company, I wonder that those shares have not been utilized, and thus the float remains the same. But with an authorization of that number of shares, it's clearly planned out. I wonder if it is debt conversion for these shares. Nonetheless, I am happy with the quarter, a sign of turning the corner and becoming profitable.