looks like it, from the last filing The Issuer had 12,121,568 shares of Common Stock, no par value, outstanding as of October 31, 2008 Common stock, no par value, 50,000,000 shares authorized; 12,235,568 shares issued and outstanding <a href="http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6261020" target="_blank">http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6261020</a>