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Wednesday, August 22, 2007 8:41:26 PM
I just got off the phone with the TA and the share structure has changed significantly. I actually called back to confirm the numbers from a different rep at the TA and they are correct.
The numbers as of August 22, 2007:
A/S: 10,000,000,000
O/S: 4,297,825,994
That is correct folks. There is good evidence from the selling today and the past few days that there is a 504 in place. We have had an increase of 2,500,799,998 shares in the past few days with the volume somewhere in the neighborhood of 250 million for the same time period.
This would account for the good news and the flat to negative response in the PPS.
I think we have been duped he folks.
-faz
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