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Re: makemoney54321 post# 6819

Sunday, 09/25/2011 3:41:21 PM

Sunday, September 25, 2011 3:41:21 PM

Post# of 75926
The float as to day is showing 70 million which is around the 76 million I got when I called the TA back in july18 2010.I had to read my message #6630 again to get the figures.Back then it had increased mind you and on that day the O/S was 76 million the A/S on that day 2 billion.Now today it is showing the O/S 235 MILLION THE A/S 500MILL and the float 70 mill.That would make the O/S increased by 159 million since JULY 18TH And since the A/S hase DECREASED byto 500mill thenit shows dilution big time and why the price has fell so much.Now the FLOAT today is right at 70 mill.The float on July 18 2010 wasnt listed so I had to get the restricted share count from the TA and subtract it from the O/S The restricted back on july 18th was 43 mill so when I subtracted it from the o/s I came to a float around 76 mill.So the float hasnt changed a lot but since the A/S has decreased while the O/S has increased this + DILUTION unfortunately.I emailed the company 2 times to ask why they are doin this but got no reply.That is why I sold all of my 500 million shares at .0035 that I had got at .0065 for a loss.Wesee they are making revenues from the PR'S BUT I will need to wait and see also will try and contact the TA again to see how many restricted shares are there now.I am thinking about the same since the float is around what it was on july 18.IF you ever see a stock with the float not listed you can take the O/S's and subtract the resricted shares from it (if they are listed)and this will get you the float.