Magellan Energy, Ltd. (MGLG)

[Dutchcan]

Shares 129.1 million total. Today 72.4 million!
Over the last month what 400 million shares traded?
Mostly in a downward trend......!!
So, I cannot imagine buy and sell at loss three times the total shares...
So Is company selling into the market?
I called Karen, and she called back, after checking with the president of the company, and she confirmed the 129.1 million shares.
Now authorized is more...I forget, but I think it was a 7x total shares. So what is going on, again I need to talk to Karen, as I do not comprehend where these shares are coming from?

Dutch