3. WHY DOES THE COMPANY HAVE SUCH A HUGE AUTHORIZED SHARE CAPITAL:
I understand that this is a historical matter. Obviously the Company does not require 5 trillion shares of Authorized Share Capital, this was an error made some time ago. The Company has filed to amend its Authorized Share Capital to that of 35 billion shares and will decrease this number over time.
THE ABOVE IS PR DATED 8/01/2008 FROM ALLAN SANTINI
Yes 16 monthe ago and Santini said that the company had filed to amend 5 trillion Authorized Share Capital.
Seems Bezzano is just doing the old rince and repeat cycle.
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