Here's a post on a .0001 stock in response to the 10-K which came out finally and showed (yep, gagged TA) what the current O/S is. Mind you, that in just over a year, the A/S has had to have been increased from 1B, to 1.7B, to 10B and finally to 20B!
"Try not to worry about O/S & A/S so much, you are not a majority holder -- see take a look below. Always read farther and then comprehend so that you can pick an investment strategy you have to live with on a .0001 -- H0LD or $ELL, the hunt is on."
This, he copied to, I GUESS, show that it's all good.
On October 2, 2009, the Company amended its Certificate of Incorporation to increase its authorized shares of common stock from 10 billion to 20 billion. The increase amendment was approved by the Board of Directors as well as the Shareholders holding a majority of the issued and outstanding voting shares of the Company.
BTW, HERE'S THE O/S HISTORY!
Mar '08......273,040,617
Jun '08......445,940,017
Oct '08......509,940,017
Nov '08......534,916,475
Mar '09......1,522,703,975 Holy Moly!!!!! Tripled in 4 months!
May '09......1,689,092,864
Nov '09......14,346,647,175 YIKES! Increased 8 1/2 times!
So, they're already near to maxing out their current 20B A/S.
1:30 R/S coming up!
"Give 'em the old Razzle Dazzle.....razzle dazzle 'em"