Just got off the phone with the company. I was assured that the float was between 3.5 and 4 million shares. Currently the company officials are frustrated with the share price, but they have to make a choice between promoting the PPS and marketing the social network, and right now they are putting most of the money into marketing because they feel this will best help the company at the moment. The person I spoke with hinted to me that there was a somekind of a transaction to occur very soon, (hasn't happened yet), but if it goes through there will be many happy share holders. He couldn't disclose to me what it was though. Once again I don't think IMO that I am being lied to. It's hard work to get something like this going. The pps reflects the struggle that we are all going through including them.
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