Looks like Chin has got a lot of convertible preferred stock equivalent to 10 billion common shares. He would have to raise the AS for him to convert that to common stock though that wouldn't be a problem since he doesn't need shareholder approval. The OS is still 2.4+ billion from the report so maybe if it trades again, we can get a little bump before he converts. Although at this point, you have to wonder if Chin and his lawyers really know how to get this trading again.
From 10-Q:
State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: As of August 23, 2010, the issuer had 2,437,676,200 shares of its common stock issued and outstanding.
We are authorized to issue a total of 2,500,000,000 shares of stock, 2,445,000,000 shares of common stock and 55,000,000 shares of preferred stock.
