Pulse Beverage Corp. (fka PLSB)

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They are raising money via a private placement. These are supposed to be restricted shares. The first round was for $1M on 2/28/2011.
On 6/28 that will be 6 months and the 1M shares will most likely become free trading. I doubt this investor is putting out the tout sheet. It has to be some with more than a measly million to dump.

obviously news shares are coming to market