$$ PLPE: Good Points likwit!
It's interesting to note that from Jan 2012 to April 2012, the issue was valued at over >100%.
The short's have had a field day (actually ~ 2years here), however, PLPE is in a very HOT-SECTOR; their patent(s) are easily enforceable, since if it was infringed, it will be EXTREMELY OBVIOUS & Public.
Rumor has it that Groupon type companies are looking to acquire PLPE.
"In April 2012, PeopleString issued 1,300,000 shares of its common stock, valued at $0.09 per share, in consideration for investor relation services provided by Bluewave Advisors. PeopleString recorded expense of $117,000 in connection with the issuance of these shares. The market value of PeopleString’s common stock at April 24, 2012 was $0.09 per share. "