China Yida Holdings (CNYD)

[j_sauce]

I don't think you have this right, here are the 3 statements you need to put this together and some basic math

1) At September 30, 2007, there are 90,967,531 shares of common stock and 1 share of preferred stock outstanding.
2) In exchange for all of their shares of Keenway common stock, the Keenway Shareholders received 90,903,246 newly issued shares of our common stock and 3,641,796 shares of our common stock which was transferred from certain InteliSys Shareholders;
3) Immediately following the closing of the Merger, the Keenway Shareholders own approximately 94.5% of our issued and outstanding shares on a fully diluted basis.

After the r/s and then merger the float will be 5,454,957 and the company will hold 94,545,042, giving a o/s of 99,999,999, but this is probably really 100 million by some rounding. So anyone presently holding shares is about to get diluted pretty badly.

At least this is the way I see it.