Bonanza Oil & Gas, Inc.(fka BGOI)

[tinker13]

Coyotesaz- Help me understand this please: The way I am reading it is: there were 60,000,000 shares authorized then as of January 20th,2010 the authorized became 1,500,000,000 of which 60,000,000 went toward the forward split. Seems like this put 60,000,000 into the market immediately to shareholders for a total of 120,000,000 and left them with 1,380,000,000 to dilute?

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6972995

And if this is correct are you saying with what they have diluted so far this means there are still 720,000,000 left to dilute? I'm still looking for the payment to Triumph- I'll post if I can find it.

Oh and I had sent out an email to the company asking if they could let us know how much is left to dilute into the market- been 3 weeks and no response....just sayin.