Yes and the conversion was completed on Aug 13th as I and others have confirmed, that is why we have been thin on the way back up. Now we just have to eat through all the SUTI shares just above from the cheapies buyers. A low float of 65 million shares after the conversion that ended on Monday is awesome IMO especially with our earnings and revenues. We are not only profitable we are making $$$ unlike most of the penny stocks trading today with much higher floats. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78560745
That screen shot is obviously not accurate. SUTI shares outstanding were 172,328,880 a/o Jun 30, 2012 with float of 16,723,129. Both numbers are likely much larger today, especially the float. There is much more dilution lined up with the toxic floorless convertible preferred shares.
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