I don't go by the report: Shares Outstanding 520,333,445 a/o Feb 20, 2014 http://www.otcmarkets.com/stock/FRCN/profile As of May 15, 2014, there were 599,333,445 shares of Common Stock, $0.001 par value. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10004743