FrankSpeech Network Inc (INCTD)

[CreationGuru10]

What I can't figure out is this:

As of August 17, 2016, the Company had 100,010,308 shares of common stock issued and outstanding (1) .

Then

100,000,001 shares are owned by Mr. Fleming under the beneficial ownership rules of the U.S. Securities and Exchange Commission. This amount represents, as of August 17, 2016, 93.89% of the issued and outstanding common stock of the Issuer.

10,000 share float? can't be right