I do not even remember, but think it was between 200 and 300 million. I only had 65K, but came out only okay as I bought in at an average of .30 Hoped that CLYW would be another, but another one that did not work out. Now T-mobile uses the switching on my own iPhone!!!! TRTC will be a great play, but not sure at what price I would get in if I was not already in at .10