Newbies Investing Questions

[exlud]

somewhat of a newbie so I'll repost what I put on BB's board:

IGNT for instance, but a question in general.
As I look at the history of IGNT I see a price in early Feburary (from what I'm seeing on StockCharts) of about .15. Looking at the postings on the boards here, I see folks saying the ask at that time was about .0002.
How does one reconcile what is being seen on the chart as it pertains to the actual authorized and outstanding shares? Do you need to just find the share structure at the given time and do the math?
I know that r/s will change things and I'm aware of how to find that out, but how to use that information more effectively somewhat escapes me.