Monarch Staffing Inc (MSTF)

[bynowsellater]

How do you know how much the float grows by? Is that some kind of lucky guess or what?

And by the way, I'm looking at the Form 10-QSB filed September 30,2007.

It says, "Series A convertible prefered stock; $0.001 par value; liquidation preference of $100 per share plus accrued but unpaid dividends; 20,000 shares authorized; 10,250 shares issued and outstanding at September 30,2007; 0 shares issued and outstanding at December 31, 2006. Common stock, $.001 par value; 400,000,000 shares authorized, 21,698,974 and 9,862,691 shares issued and outstanding at September 30,2007 and December 31,2006, respectively."

So, even if you were correct, and that's a big if, then it would only go up to just over 30 million shares.

You're making it sound like it's being diluted or something. It says they have a "liquidation preference of $100 per share", and last I checked, the price per share had not attained that level.