Issuer Direct Corp (ISDR)

[bullcents]

in the 8-k

the first time the 3 for 1 split is mentioned is under "Executive Compensation" in which all shares indicated are "post split (3 for 1)."

It's in the fine print...

"1 For the period ended December 31, 2006 the wages payable and accrued wages payable for the above named officer total $67,500, as of December 31, 2006 $27,500 was paid, the balance was converted into the company’s common stock. The amount of shares indicated above are post split (3 for 1).

2 The amount above indicates the full amount of compensation for the nine month period ended September 30, 2007

27,500 was paid, the balance was converted into the company’s common stock. The amount of shares indicated above are post split (3 for 1)."

but it gets repeated over and over again throughout the document. It's 3 for 1 because of all the shares the company has issued in compensation. Still the outstanding shares are roughly 16,000,000 but like someone mentioned before there aren't many shares out there for any less than a buck.