China Zhong QI Hldgs. Ltd. (CHZQ)

[Carnac]

Where are you getting this 571 million float, the reason I asked is that I was looking to invest and checked out the latest 10Q ending sept. 30 2009 I come up with a much higher float. I posted the part that concerns me, correct me if I'm wrong. My only other concern is the ceo!



Class A – no par value; authorized 10,000,000,000 shares; 571,309,870
shares issued and 570,115,387 outstanding and
1,194,483 in escrow at September 30, 2009; 486,835,870 shares issued and
485,641,387 outstanding, and 1,194,483 in escrow at December 31, 2008; 1,007,337 915,166
Class B - $.01 par value; authorized 50,000,000 shares; no shares issued and outstanding - -
Class C - $.01 par value; authorized 20,000,000 shares; no shares issued and outstanding - -
Additional paid-in capital 6,899,510 6,899,510
Additional paid-in capital – beneficial conversion 1,444,444 1,444,444
Accumulated deficit (12,788,174 ) (11,382,742 )
Total stockholders' deficit (1,992,439 ) (679,178 )
Total liabilities and stockholders' deficit $ 392,143 $ 545,583

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6877052#IVOICETECH10Q093009_HTM_ITEM1