How do you know that's the float? Company increased A/S to 10BILLION and we don't know how many are in float now, figures are many months old. Even company admitted recently in their 8-k/Oct. that one of their financiers dumped converted preferreds and tanked price unexpectedly (poor negotiating, should've had contingencies).
All we know is float is between 300MIL and 10BIL LOL!
Still this seems to have bottomed out at .001 and JIMHO likely they weren't given approval for the Oct. request for R/S by FINRA based on companies with similar dilution scheme records being denied --
bounce likely coming and might kick this sucker high enough to get the Rositano Bro's their desired return to QB status without R/S.
But flip 'em don't marry 'em IMO wise motto for anything to do with the Rositano's: they don't even marry their own companies!
Robert's bio even calls himself a "serial entrepreneur," create the company, load it with debt mainly for his and Bro's excessive salaries and perks and purchases of their own private software with interest etc. etc., resort to toxic financing to stay afloat awhile, increase A/S and dilute the heck out of it, R/S, rinse-repeat, but this time they might've managed enough subscribers to have something of value to sell and create value for commons.
Just maybe.
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