American Diversified Holdings Inc (ADHC)

[goldpenny7]

ADHC also has a Low float. Doesn't it?

The last 10/31/2016 Quarterly report on ADHC filed at OTCmarkets says that as of 10/31/2016 their were only 1 billion authorized common stock shares, and 685,993,771 outstanding. Doesn't that leave only 314,006,229 (million) left way back on 10/31/2016? I didn't see any Restricted shares shown in that report - only some preferred shares. Restricted shares get subtracted from common shares when talking float.

As far as penny stocks go 1 billion common shares is rather small. If this is the case. this thing could fly to the moon IF people would just have patience and hold a while before selling. It has 2 things going for it. News and low float.