Itonis Inc (ITNS)

[hebroots]

Their extremely poor excuse for the last quarterly report shows this:


Security Symbol: ITNS
CUSIP Number 465733103
Common Stock: 1,000,000,000 authorized, Par Value $0.001
Preferred Stock: 5,000,000 authorized, Par Value $0.001
NO CUSIP number for the preferred.

B. Number of shares or total amount of securities outstanding for each class
of securities outstanding
Period end date: May 31, 2014
Authorized Shares: 300M Common Shares, 5M Preferred Shares
Outstanding Shares: 930,377,519 Common Shares, 0 Preferred Shares
Public Float: Approx 551,162,197
Number of Beneficial Shareholders: Approx 1
Total number of Shareholders: Approx 662

Period end date: November 30, 2013
Authorized Shares: 1,000M Common Shares, 5M Preferred Shares
Outstanding Shares: 902,044,186 Common Shares, 0 Preferred Shares
Public Float: 154,828,864
Number of Beneficial Shareholders: Approx 1
Total number of Shareholders: 662

Period end date: November 30, 2012
Authorized Shares: 1,000M Common Shares, 5M Preferred Shares
Outstanding Shares: 777,044,186 Common Shares, 0 Preferred Shares
Public Float: 74,201,087
Number of Beneficial Shareholders: Approx 2
Total number of Shareholders: 662



For May 31, the authorized shares of 300M is incorrect, should be 1000M. Other than that, the public float went from 154M to 551M or +400M in 6 months increase. They say the CPA is always taking extra time to study this but they are always "unaudited". Number of shareholders never changes according to them.

and they doled out a few hundred million shares in exchange for "services"

Cheung and Jolly sign these reports, what dingbats.

Latest Quarterly Report
http://www.otcmarkets.com/financialReportViewer?symbol=ITNS&id=123752