Toms own mouth almost a year ago, said the O/S was approx. 150 Million, that was before 2 RED-DEX private placements, the first one becomes free trading late spring, early summer of THIS YEAR, it was for $300 Grand if memory serves me right, that was according to the poster "Realest" that sent away for copies of the REG-DEX's since they are not available online, the second was in Sept. of last year I think, I don't remember exactly what Realest found on that, he emailed me copies of them, I think the Sept. was for $500 Grand? I might be WRONG, on that figure, just going by memory right now, but at these prices thats alot of shares, my honest opinion, with whats owed NIR, (unless they get paid off in this deal), MY OPINION is somewhere between 200-300 Million shares, "MAYBE MORE" who knows, this company has built a reputation now of "NON-TRANSPARENCY" when it comes to the dilution of our equity. BOTTOM LINE FOLKS, THE DAYS ARE OVER FOR THIS STOCK, WHEN THE FLOAT WAS 20-25 MILLION AND IT WOULD RUN HARD AND FAST ON RELATIVELY MEDIUM VOLUME, ONLY A MASSIVE REVERSE SPLIT WOULD BRING THOSE DAYS BACK. THIS STOCK WILL ONLY BE MAKING SMALL MOVES ON PR DAYS ect. ect. UNLESS WE HAD SOME UNREAL VOLUME LIKE SOME 20-30 MILLION VOLUME DAYS OR MORE. But with the Rep this stock already has, Penny traders have been ignoring this one for a long time, and this merger is GOOD NEWS, but it's really not that big enough of a deal for most Penny traders. Best thing about it is that Tom G will no longer be in control, new management will make a big difference here. Thats me opinion anyways.
