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Wednesday, April 11, 2012 2:36:29 AM
Share Structure
Market Value1 $849,676 a/o Apr 10, 2012
Shares Outstanding 4,248,379,108 a/o Apr 02, 2012
Float 3,285,754,513 a/o Apr 02, 2012
Authorized Shares 5,000,000,000 a/o Dec 31, 2011
Par Value 0.001
Link for others to verify those numbers I listed-
http://www.otcmarkets.com/stock/TSNP/company-info
As I said before I don't consider it quite as huge of an amount of shares as you state it is, and for all we know it could be just some impatient investor's dumping their shares which at this price 50 million shares only equals 5 grand. Unless it is an institution that can trade to the fifth decimal (ex. .00014 which the majority of us would see rounded down as .0001 or .00017 which the majority of us would see rounded up as .0002). Since the last update on OTC including the shares traded on that date (April 2) about 178 million shares have been traded so we can actually see just how many of those may have been converted shares dumped in or just shares in the float being traded. Whatever the case though even if it is preferred being converted I am not going to complain and actually kind of hope it is, because it means they are getting rid of the preferred shares now and will have that monkey off their back and as soon as they are gone they may do their possible share retirement plan to reduce the share structure as they have discussed in one of their prior PR's. Considering their substantial increases in quarterly revenues added on to that that makes the possiblity even more plausible. Which sounds pretty much like a win-win situation for anyone who is in at .0001 before that happens imo. At least for me it has been that way (win-win) for any other penny stock I've been in before that has gone that route.
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