You both are wrong, read the filing... Balance December 31, 2015 - Warrants granted – Lakeshore Recycling Systems, LLC 519,567,390 Balance December 31, 2016 519,567,390 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12376904 if you are ignoring the filing then you should probably not be commenting on this.