Propellus Inc (PRPS)

[mjk_investor]

Simon, it's an increase in Authorized Shares for now. If it turns into an increase in Outstanding Shares in short order, in other words the company starts selling shares on the open market, it will substantially dilute the stock and reduce the price per share. Think about this, this stock once traded at a penny, with 7.5 billion shares outstanding that would mean the company is worth 750 million. Not likely with 10 million in revenues. So let's hope these shares don't get dumped on the market in total or very quickly. Some others that showed up on this board last week when volumes went through the roof are here for only a short time. They got in at .0002 and .0003 and if they can get up to .0004 or .0006 they will sell and move on to the next stock. You know make a few bucks in a few days and move on. They are not interested in the long-term viability of the company. Not saying that's bad, just saying be careful who you're listening to on these boards.

Good Luck