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Re: Bostonstockwatcher post# 409

Wednesday, 03/17/2010 1:59:40 PM

Wednesday, March 17, 2010 1:59:40 PM

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I called Olde Monmouth Stock Transfer Company, who is supposedly the agent for this stock. They confirmed that the O/S sits at 10.4 billion shares. So the question is how that all factors into a sale with a commitment of 0.01 pps. Reverse split? Shady dealings? Very few shares that the buying company doesn't already own, so they can afford 0.01 for the rest? Hard to say.

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