Turner Valley Oil and Gas Inc (TVOG)

[SunshineSmiles]

Outstanding shares have risen from Dec 31, 2016 per the OTC.

Authorized Shares 500,000,000
Outstanding Shares 86,086,470

"A company’s outstanding shares can fluctuate for a number of reasons. The number will increase if the company issues additional shares. Companies typically issue shares when they raise capital through an equity financing, or upon exercising employee stock options or other financial instruments" Like preferred shares?

Outstanding shares per the last 10Q in June 2017: 97,157,137.

Outstanding share breakdown condensed version:

Dec 31, 2016 - 86,086,470
June, 2017 - 97,157,137
Nov 17, 2017 - 104,014,137