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Ed the Trader

02/05/14 3:54 PM

#44702 RE: sprtcrdlui #44676

SEC documents, like a 10-Q, are static measures of a corporation which may or may not reflect reality at the time of filing. They do not necessarily reflect reality at all AFTER filing, depending on how up-to-date the corporation keeps its SEC filings. OTC Pink corporations do not have to keep their SEC filings current.

OTCMarkets.com dutifully, but blindly, reports numbers from the SEC filings.

I gave you a "heads-up" notification that if the float was ever about a million shares, that information is no longer correct. I know this because I just bought over 1.5 million shares yesterday, and I bought and sold 4 million shares on Monday. You can also get a clue from the fact that right this second (3:51pm Eastern time), there are 12,897,100 shares available for sale on the "Ask" at $0.0008/share!

Reference: http://www.investopedia.com/articles/basics/03/030703.asp

Quote from Reference: "Another term you may encounter is "float." This refers to a company's shares that are freely bought and sold without restrictions by the public. Denoting the greatest proportion of stocks trading on the exchanges, the float consists of regular shares that many of us will hear or read about in the news."