The cheapest price that I can find that PLPE has ever issued stock for in the past is .04 cents up to over .50c / share within the past year or two...
2.4M shares for gross proceeds of 1.2M or .50c / share in May '11.
In January 2011, PeopleString issued 668,500 shares of its common stock, valued at $0.125 per share, in consideration for marketing services provided by 33 vendors. PeopleString recorded expense of $83,562 in connection with the issuance of these shares. Fair market value was based on the most recent prior private placement per share purchase price.
Also in January 2011, PeopleString issued 50,000 shares of its common stock, valued at $0.125 per share, in consideration for investment banking services provided by Buckman, Buckman & Reid. PeopleString recorded expense of $6,250 in connection with the issuance of these shares. Fair market value was based on the most recent prior private placement per share purchase price.
In May 2011, PeopleString issued 2,400,000 shares of its common stock at a per share purchase price of $0.50 and received $1,200,000 in gross proceeds. In connection with the issuance of the purchased shares, the Company also issued to the investors warrants as discussed in Note 8, and allocated $197,100 to the warrants based on fair market value as estimated on the date of grant using the Black-Scholes option-pricing model.
In September 2011, PeopleString issued 600,000 shares of its common stock, valued at $0.08 per share at September 30, 2011, in consideration for investor relations services provided by a vendor and recorded expense of $48,000 in connection with the issuance of these shares. The market value of PeopleString’s common stock at September 30, 2011 was $0.16 per share.
In January 2012, PeopleString issued 200,000 shares of its common stock, valued at $0.04 per share, in consideration for marketing services provided by 2 vendors. PeopleString recorded expense of $8,000 in connection with the issuance of these shares. The market value of PeopleString’s common stock at January 9, 2012 was $0.04 per share.
Also in January 2012, PeopleString issued 400,000 shares of its common stock, valued at $0.05 per share, in consideration for marketing services provided by 3 vendors. PeopleString recorded expense of $20,000 in connection with the issuance of these shares. The market value of PeopleString’s common stock at January 17, 2012 was $0.05 per share.
In April 2012, PeopleString issued 1,300,000 shares of its common stock, valued at $0.09 per share, in consideration for investor relation services provided by Bluewave Advisors. PeopleString recorded expense of $117,000 in connection with the issuance of these shares. The market value of PeopleString’s common stock at April 24, 2012 was $0.09 per share.
News 
Market Data 
Discover 
