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  4. Mindpix Corporation (MPIX) Message Board

Hi Benny743, let me help you a little bit. When i

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Post# of 5570
Posted On: 06/20/2013 1:07:50 PM
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Posted By: Mpix Man
Re: Benny743 #3008

Hi Benny743, let me help you a little bit. When it comes to the float remember this: The float consists of all the outstanding shares that are not restricted. Essentially meaning the shares that are available to exchange between traders/investors on the open market. Once the company reveals the new share structure via the restated 2011 & 2012 fins, we'll get a better handle on the float. Here's an excerpt from a PR " ORLANDO, Fla., Feb. 8, 2013 -- Mindpix Corporation (OTC Pink: MPIX) today announced that the company and board has approved the exchange of Common shares by several shareholders for shares of a newly created class of Preferred Stock.  These shareholders have decided to convert 400,000,000 (four hundred million) common shares to a preferred share class with voting rights and other attributes.



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