Redwood Group International (RDWD)

[oilman57]

Maybe some or all of the other 100 million preferred shares from the January PR were converted to common and that is where they got the 500 million authorized.

"The authorized capital stock now consists of 66,000,000 shares of common stock, $.001 par value, and 100,000,000 shares of preferred stock, $.001 par value. Following the reverse split, the number of shares of common stock outstanding decreased from 2.4 billion shares to 16 million shares."