GuanHua Corporation (GHGH)

[Dem Franchise Boyz]

A/S was reduced 76% from 5 billion to 1.2 billion...

so yes you are wrong.they pr it and it came true....this is not same company you lost out on before...new direction ....money to be made....

HOUSTON, TX -- (Marketwire) -- 03/02/09 -- AUGRID Global Holdings Corp. (PINKSHEETS: AGHG) is a holding company dedicated to acquiring and managing ownership interests in a diverse range of businesses.

Augrid Global Holdings Corporation's board of directors and those of the advisory board agreed to reduce its number of Authorized shares by 76% from 5 billion to 1.2 billion. The primary reason for this is that management wants to decrease potential dilution and increase the quality of the current securities upon the completion of the primary acquisition target and subsequent rapid expansion due to that acquisition. Management sees no reason for any dilution in the near or midterm future.

The company currently has 817 million shares issued and outstanding. Five hundred million or about 61% is currently restricted and approximately 187 million shares are currently in the float.