Subsequent to March 31, 2008, the Company reached a settlement under which the Company was ordered to issue 748 million shares of common stock pursuant to Section 3(a)10 of the Securities Act of 1933, as amended. As of May 9, 2008, the Company had issued 100 million of the shares.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.