Propellus Inc (PRPS)

[EastCoastCdn]

Help me out here.
What do you mean by section 12? SSOL is a fully reporting company so yes.
If you mean section 12(b) I see a no.
I cannot understand the float with SSOL and you said yourself something isn't right here.
The only thing I can think of is they are considering the float the restricted shares which still didn`t match up.
Even this is a stretch to say they are restricted IMO.
Even then the numbers did not match pinksheets based on your post 465,632,745

Basic net loss per common share is computed by dividing the net loss by the weighted average number of outstanding common shares (restricted and free trading) during the periods presented. Basic loss per share and diluted loss per share are the same amount because the impact of additional common shares that might have been issued under the Company’s outstanding and exercisable warrants would be anti-dilutive. Such potentially dilutive shares are excluded when the effect would be to reduce net loss per share. There were 294,397,333 and 191,235,412 such potentially dilutive shares excluded as of March 31, 2012 and December 31, 2011, respectively.

The Company’s inventory consisted of the following at March 31, 2012 and December 31, 2011:

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