Xtreme One Entertainment Inc (XONI)

[charliemajor]

Maybe you should try looking up the definitions for authorized and outstanding, because there is a difference, just because they increased the authorized doesn't mean that they used the whole 10 Billion. Plus, that was at a time in the company where it wasn't doing well. And, no one knows the exact number of outstanding, you are just assuming that they used the entire authorized. For all we know, they might come out with a report or something that says authorized reduced because we are doing well. Or we were going to reduce the authorized but we decided to use the extra capital to open up several more stores. But even if they do use all of the authorized, they aren't using it just to keep afloat. That may have been what it seemed they were going to do as of Sept.30,2009, but much has changed since then. It looks like they are using the authorized increase to expand the company and produce more revenue streams.