News Focus
News Focus
icon url

doughboy2

05/24/12 2:13 PM

#61322 RE: Fatboy46 #61321

Here is some DD:

Authorized Shares: 200,000,000 as of 08/17/11
Outstanding Shares: 126,011,550 as of 08/17/11
Free trading Shares: 70,920,325 as of 08/17/11
PPS at EOD on 5/24/11: .01

Shares Authorized: 1,000,000,000 as of 05/24/12
Shares Outstanding: 537,271,105 as of 05/24/12
Free Trading Shares: 432,179,880 as of 05/24/12

In only 9.5 months

Authorized Shares increased by 800,000,000
Outstanding Shares increased by 411,259,555
Free Trading Shares increased by 361,259,555

Edit: And in one year the pps has dropped by 90%

Still a good flip play though.