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Thursday, June 10, 2010 11:08:38 AM
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=31660
"In other updates, the company may use this certificate and or cash and other instruments it secures in its quest to formulate a new additional merger with a China based second operating company in the IT industry"
The AS is nearly maxed at 9,740,028,133B shares issued on a 9.888B AS. The float has remained the same, 1.92B. The company diluted between January and March by issuing 1,875,305,687B shares.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=31956
They stated that the additional AS would be used in the merger and if it wasn't, it would be retired.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=28250
"RMDM's authorized and outstanding share structure will reach
9,888,000,000 with this merger. All stock issued in connection with the merger (approximately 2,500,000,000
restricted shares) will remain as restricted stock. If the companies do not proceed with the merger or business
relationship this stock will return to treasury and will be cancelled."
According to the most recent Qtr. report, some of that stock has been issued (1,875,305,687B). They didn't retire it or use it in the merger.
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