Watchit Technologies, Inc.(fka WTCT)

[zeki555]

O/S is 674 mil, float is even smaller because of restricted shares, it's 488,304,309.
WE TRADED 82,58% OF THE FLOAT!!!!!
SOURCE: http://www.otcmarkets.com/stock/WTCT/company-info

Press Release Source: Watchit Technologies Inc. On Thursday May 19, 2011, 8:31 am EDT

"Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter"

"Debt has been reduced by almost 30% from $3.8 million to $2.5 million and shareholder equity has improved by over $1.3 million."

“This improvement in our balance sheet and shareholder equity is all part of management’s plan to have a strong company as we enter the final testing and begin production of our fuel savings device the “Fuel Reformer,” stated Max Bennett, President and CEO of WatchIt Technologies. “We are committed to a strong return for our shareholders and believe the quarterly financial information filed with OTC Markets demonstrates the success we are having in achieving this goal.”

SOURCE: http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1