Magellan Energy, Ltd. (MGLG)

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MGLG SEC SUSPENDED in 09. 19+ billion o/s reported with last known T/A:

Most recent s/s per former T/A (Date Unknown):
O/S: 19,064,552,485
Restricted: 11,011,854,788
Float 8,052,697,697
A/S (was) 30 billion but the above #'s exceed 30 billion

Prior s/s per former T/A (Date Unknown):
O/S: 17.19 Billion
Restricted: 11.01 Billion
Float: 6.18 Billion
A/S: 30 Billion

May 19, 2009 s/s (Last OTC Markets Report):
http://www.otcmarkets.com/stock/MGLG/company-info
O/S: 7,804,084,651
Restricted: Unknown
Float: 2,792,229,863
A/S: 30,000,000,000

SEC SUSPENSION 9/23/2009:
MGLG was a hijacked shell that was suspended in 2009 for fraud: "It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Magellan Energy Ltd., which are quoted on the Pink OTC Markets under the ticker symbol MGLG. Trading in the securities of Magellan Energy Ltd. appears to be predicated on apparent misstatements. Certain persons appear to have usurped the identity of a defunct or inactive publicly-traded corporation, initially by incorporating a new entity using the same name, and then by obtaining a new CUSIP number and ticker symbol based on the apparently false representation that they were duly authorized officers, directors and/or agents of the original publicly-traded corporation." http://www.sec.gov/litigation/suspensions/2009/34-60707-o.pdf

SEC Litigation Release:
(#24C) http://www.sec.gov/litigation/complaints/2011/comp21798.pdf

(#40 and #95) http://www.sec.gov/litigation/complaints/2009/comp21243.pdf