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Sharktnk

05/29/12 3:28 PM

#256266 RE: SunScents #256261

Well, I would imagine there has been some sold and forgot where we were at the split, need to backtrack that - But the current structure with a 4M float is extremely low - From what I understand the remaining O\S is restricted for the non-profit.

Besides the recent 3rd party promo's I would expect the SP to vacilate like this, it seems to be like that on other stocks I have watched with really small floats.

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unusable61

05/29/12 3:41 PM

#256269 RE: SunScents #256261

I think you can safely say that the recent activity has been 95% new shares sold into the market. That's what Joe paid the promotes for, to promote the stock as he dumped the new shares.
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Sharktnk

05/29/12 3:53 PM

#256272 RE: SunScents #256261

SS - Went back and looked:

The current outstanding shares of 1,709,786,263 will now be 1,709,787.

That was from the Jan 31st PR -
http://ih.advfn.com/p.php?pid=nmona&article=50975771&symbol=QASP

So roughly about 2.4M added to the float. Just to be liquid enough to trade I would think even 4M dare I say, may not be enough. Wasn't there a huge debate on the sister stock with a much higher share count over much the same?