Earthworks Entertainment Inc (EWKS)

[pennystocks07]

Yeah pretty sure that float number is accurate because it was updated just a few days ago. Guess we won't know until we get some volume. We'd need a day or two of 500M+ shares traded. If the float is really that low, under 700M, the PPS should move quickly once that amount of shares are traded. And we could easily trade that in a day with a good PR.

DLAD is getting some monster volume this week, but Humpy emailed a iHubber on that board and said the float is 7B, not the 300M posted on Pinksheets. That's why it still hasn't budged even with 1.5B shares traded this week. But that hasn't been updated in over a year either, EWKS was just updated.

Anyone that doesn't understand the float, that's the amount of shares actually held by the public and on the market. So 670M shares would be much better then having 7.3B shares on the market. The lower the float the better, because a stock's PPS can move much faster with a low float, and we can only go up from here. It also means that the officers or private investors hold about 6.5B restricted shares that aren't held or available to the public and can't be traded without SEC approval.

JMO, from how I understand share structures, but a low float is always good in my experience.