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Friday, March 31, 2006 7:39:39 AM
I read the Annual Report which was released the other day.
On page 12 it says:
"During the year several investors subscribed to purchase 2,500,000,000 shares of
the Company’s common stock at $0.0001 per share. A portion of the convertible
debenture was converted during the year resulting in 1,300,533,000 shares being
issued."
1,300,533,000 plus 2,530,142,699 equals 3,830,675,699.
When the remaining shares are "converted" our O/S will be
5,030,142,699.
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