trade2much, I am of course short on time this morning but I think I can answer your question, that is if I understand it.
First off I don't know where you are pulling your information from but one of the most factual places to get it is directly from the SEC filings. Lots of times websites like yahoo and others do not religiously keep the information on their sites updated especially when it comes to penny stocks. Yahoo generally isn't too bad but some of them out there are terrible and it becomes misleading.
On the first page of this filing you will see that 97 million was the O/S on May 11th. VNBL had two choices, either they could have given the O/S from March 31st or a more recent number like May 11th.
Remember when we were in FLIP I had made a big issue about that same thing. FLIP had always done like VNBL and while filing their quarterly reports, they always gave the most updated information on the O/S. Then on that last filing they did not, they gave the older O/S as of the last date of the quarter they were reporting. That really turned me off to FLIP because I knew they had just given out some 200 million shares but they wanted to hide that from the investors. VNBL in this case did not try to hide an increase in O/S and gave you the most up to date information.
I have to head to work now, if this doesn't answer your question then I will answer when I get home.
Brad
The info and DD I provide is accurate and factual to the best of my knowledge but still I am human and you should always do your own DD.
Benjamin Franklin once said - "I am a strong believer in luck and I find the harder I work the more I have of it."
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