Where did you read" 400 shares issued and 1000 authorized"?
It appears to me that the number is much higher as in 100,000 or more when reading the new releases.
I own a few shares from when it was OTEL and can't figure out what happened to the value of the original shares since they have remained .01 (last price traded price in 2008, in spite of 10,000-1 reverse merger)in my account and wondering about the implications of all these new developments.
Just figuring it was a bad investment and that all the original shareholders are out of luck. Does the new company just issue new shares and are the original shareholders just lose their money?
Thanks!
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