Ambient Water Corp (OTCQB: AWGI) has seen record volume over the past 6 trading sessions including today with exception to the filing of 90 million shares to be registered in an S-1 on May 3, 2016.

The most recent 10-K filed March 25, 2016 for the period ending December 31, 2015 has the share count at:

  • Preferred stock, par value $0.0001, 400,000,000 shares authorized and no shares issued or outstanding at December 31, 2015 and 2014, respectively.
  • Common stock, par value $0.0001, 2,000,000,000 shares authorized, 177,407,091 and 129,941,970 shares issued  and outstanding at December 31, 2015 and 2014 respectively.
  • Weighted average number of common shares (Basic an fully diluted), were 145,961,260 and 120,240,539 at December 31, 2015 and 2014, respectively.

Typically when we see the new activity come in along with an S-1 filing, it could mean there is a financing to be done, and typically a toxic one.

That being said, it’s all about the new volume coming in.  If it is turning over more stock than can be converted, the laws of supply and demand can push the stock in a positive direction.  If not, well, the opposite will occur.

The share price since the volume has been picked up fell 50% from .002 – .001 before closing up 10% today.

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