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BirdsOfFire

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BirdsOfFire

Re: None

Friday, 03/30/2007 9:16:20 AM

Friday, March 30, 2007 9:16:20 AM

Post# of 323
Question about the share structure:
If the Authorized Shares is 100mil and the number of shares Outstanding(issued) is 100mil, how can there be 77,360,068 shares in the float? The float should be zero, should it? If the float is correct, there is massive dilution of unregistered stock of an extra 77,360,068 shares.

Information posted on this ihub board:
SHARE STRUCTURE: (as of 2/27/2007)
Authorized Shares: 100,000,000
Outstanding Shares: 100,000,000
Float: 77,360,068
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