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Friday, May 23, 2014 3:17:55 PM
As of 12/31, all but 5M or so of A/S common had been issued. There were 7.4M of 30M A/S preferred issued as of 12/31, including almost 6M in Q4 alone. This figure excludes 5.4M of shares reported as issued in the 2012 financials (in exchange for debt reduction), but MIA in the 2013 financials.
Not sure the relationship between the two forms of stock, except that common has a .001 par value, and preferred has a .025. Preferred also does not trade publicly, so hard to value it.
I would be surprised if a PR was issued about an increase in A/S, unless coupled with a valuable announcement such as XYZ had accepted ABC common shares to produce the oft-mentioned reality show.
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