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To: Sprintcar who wrote (87139)6/24/2001 1:10:07 AM
From: Jim Bishop  Read Replies (1) | Respond to of 150070
 
Love that anti dilution clause in the filings.

This is a good trick too:

From filings, news, and website.

"As of May 4, 2001, there were 443,828,053 shares of common stock outstanding."

1:200 reverse and according to news etc " The Company will have approximately 4,063,000 outstanding common shares as of today, fully diluted with all outstanding warrants, preferred stock and options taken into consideration."

biz.yahoo.com

Okay close enough, I can divide by 200.

But someone please explain to me, 500,000,000 is/was total authorized .........yes, no?

4,063,000 x 200 = 812,000,000

What am I missing here?

Gee only 6 amended filings in the last year or so?...maybe I not the only one confused.

freedgar.com