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Re: None

Tuesday, 06/22/2010 10:55:13 PM

Tuesday, June 22, 2010 10:55:13 PM

Post# of 53986
Share Structure? Does anyone know what the float is? This has an AS of 3,950,000,000B common shares with an OS of roughly 2.7B. The company only has about 1 billion shares left to issue. According to the most recent 10-Q the company stated:

"For the coming 12 months, the Company plans to continue to fund the Company through debt and securities sales and issuances"

Has the company issued the remaining 1B AS? We won't know until the next 10-Q. Long story short, this company is running out of funds. There's a good chance they already are out of money. If this merger isn't completed this quarter things could get ugly. Has the LOI and "good faith" deposit been verified?

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