Some OS math, incase it gets deleted by Ihub:
on 04/4/2006 the company saw fit to increase the AS, why do you think that is if they did not intend to continue to increase the OS? Prior to 04/04/2006, the OS was very near to max.
otcstockinfo.com
page 47
Also, just do not look at the common, 1 billion Authorized shares out with a ceiling of 6 billion authorized shares.
3/31/06: 4,473,922,322 (page 37)
6/16/06: 4,977,740,339 (page 1)
A 50.3 million increase Q2 '06(page 1)
An increase, but much lesser than I would expect. Possibly due to the SEC inquiry and the TDAMER issue, which may have hindered the sale of stock. If later we find it to be much larger, tht would be a big red flag as well, since the 4.977 Billion number is direct from their own report. |
