Just a note...if someone wants to check the charts...I think the float may be somewhat larger than 99M now. I think there was dilution, but controlled and very reasonably executed, in March. There is a divergence of the cmf line and the acc/dist line there. Now, that would most likely have been to raise the capital needed, with the reg D 504 filing, to trade with. (In which case, any confirmation of the 99 M float we thought we heard this past week must have been confirming the figures set forth in the disclosure statement for the time period covered by it.)
Per Mr. Garner (IR), they are working on something as we speak. He quoted Mr. Stone from the audio interview, and seemed to want me to connect the dots, as he couldn't do it ethically for me. He was happy to hear me say, in regards to acheiving IB (Introducing Broker) status with NFA, that they need to submit a track record of trades with the software. He didn't say BINGO, but his tone implied it to me...lol. Has to follow the rules. (He is very willing to talk...he says that's what he is there for, if you can get him on the phone. Just try the number on the website under the 141 Capitol profile.)
I do know that the charts don't show dilution from what I can see since last week's run. It was all retail...and now we may see a little more covering of short shares. All my guess.
It may be that we don't hear about the float again until another official filing happens, but those will happen quarterly according to NFA guidelines. These are men building a money tree business, and they are moving forward at a wonderful pace, in my (and Ron Garner's) opinion.
I may have said this before, but Ron told me that Audiostocks will drop a company if they aren't executing the business plan with reasonable progress...and he is pleased with XXIS's progress.
AI
