InvestorsHub Logo
Followers 36
Posts 4978
Boards Moderated 0
Alias Born 11/16/2008

Re: Carpedeim357 post# 43731

Friday, 02/13/2009 1:11:37 PM

Friday, February 13, 2009 1:11:37 PM

Post# of 346920
They are doing all kinds of things without informing their shareholders. They only put out a PR when they are "reducing" the shares, but those reductions usually mean just a reshuffle, because in the end, they always end up with more shares.

These are the numbers that I found last night in the SEC filings. They show a constant increase that is consistent with what they announce in the previous filing, and they are all that really matter...

<<Effective March 7, 2008, the Company amended its Certificate of
Incorporation to increase its authorized capital from 220,000,000 to
420,000,000>>

2008-07-28
<<As a result of the forgoing transactions the Company currently has
an aggregate of 399,955,873 shares of common stock>>

<<Effective July 16, 2008, the Board of Directors of the Company
amended the Company’s Certificate of Incorporation to increase its
authorized capital to 800,000,000 shares>>

<<On October 7, 2008, our shareholders approved a resolution to amend
our certificate of incorporation to increase our authorized capital to
950,000,000 shares of common stock from 750,000,000.>>

<<As of January 13, 2009, the Company had 1,170,332,648 shares of
common stock issued and outstanding.>>

<<Effective December 12, 2008, the Company’s Certificate of
Incorporation was amended to increase its authorized capital to
1,305,000,000 shares>>
Join InvestorsHub

Join the InvestorsHub Community

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.