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Wednesday, February 05, 2014 3:54:52 PM
OTCMarkets.com dutifully, but blindly, reports numbers from the SEC filings.
I gave you a "heads-up" notification that if the float was ever about a million shares, that information is no longer correct. I know this because I just bought over 1.5 million shares yesterday, and I bought and sold 4 million shares on Monday. You can also get a clue from the fact that right this second (3:51pm Eastern time), there are 12,897,100 shares available for sale on the "Ask" at $0.0008/share!
Reference: http://www.investopedia.com/articles/basics/03/030703.asp
Quote from Reference: "Another term you may encounter is "float." This refers to a company's shares that are freely bought and sold without restrictions by the public. Denoting the greatest proportion of stocks trading on the exchanges, the float consists of regular shares that many of us will hear or read about in the news."
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