Terra Energy & Resource Technologies Inc. (TEGR)

[pnnymn]

Posted by: Stock Lobster
In reply to: pnnymn who wrote msg# 6699 Date:10/22/2006 10:07:15 PM
Post #of 6713

No, the AS is 100MM, but they have only issued 53MM.

In the August 10q, it was 43MM, but after the conversion of the debentures into common shares, the 9.9MM was added to the OS, for a total of 53MM shares.

I will be speaking with a company representative tomorrow, and will confirm yet again, but that is the answer I received last week.

From the August 21, 2006 10Q

SHARES AUTHORIZED: 100,000,000
SHARES ISSUED AND OUTSTANDING: 43,008,338
PREFERRED STOCK; $.0001 PAR VALUE, 1,000,000 SHARES

Source: http://terrainsight.secfilings.com/FilingViewer.aspx?fid=12583303&id=http%3a%2f%2fwww.sec.gov%2f....