Another one is Msft........with 9bn shares and there are some pinks that have more than them without any revenues. The stock can only support what its allowed to. This is why this huge decline in pps has occurred. With approx 200 million shares outstanding can you imagine the revenue the company will have to generate to justify this........this isn't apples to oranges, its apples to apples.
The company has to show how it is selling these shares, and as the TA noted there is no new cik number to accompany the name change.
Its all speculation and this kind of speculation is never healthy for the company.
Can the share price support another 155 million shares without this little volume?...........
helm no one can really ever prove what is going on inside of a pinksheet company, all we got is the a/s share count, the o/s count and sec.gov, and the SOS, we have to make judgements based on whats evident.