ETOTALSOURCE INC (ETLS.PK) has an authorized share structure (A/S) of 300 Million which is maxed out(i.e.no more dilution), an outstanding share count(O/S) of 299 million shares, and a float of about 198 million shares. Unlike other pinksheet stocks that have an authorized structure in excess of 3 billion shares. ETOTALSOURCE INC (ETLS.PK) insiders purchased 102m shares plus in the open market, yes open market. This means that 34% of the share structure is accounted for. This stock does not have a lot of volume and their float is pretty much locked up. The stock hasn’t got the attention it deserves yet. Small 200k orders make it move. It trades like a stock with a 50m float.The stock broke it’s 52wk high 2 weeks ago and closed right below the new year high. This stock can run for numerous days if it does volume of 50 million plus everyday. The company could make a massive run even bigger than the hyped spongetech last year in my own opinion. Below is a press release that never hit the radars of many investors http://www.prlog.org/10593070.html. A short term price tag of $.50 on this stock is fact not fiction when the volume comes its way.
Check the latest filing on pinksheets http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7067251
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