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rbd317

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Re: RonnieD post# 13141

Monday, 10/04/2010 11:54:24 AM

Monday, October 04, 2010 11:54:24 AM

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june 30 quarterly report... A/S is 500m shares.. O/S is 121m shares.. i think company may be issuing shares out of the A/S.. hence the decline in share price..


http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=35354

COMMON STOCK
BALANCE AT APRIL 1,2010 $ 107,001
PAR VALUE OF SHARES ISSUED:
SHARES ISSUED TO INVESTORS 14,050
SHARES ISSUED FOR SERVICES
BALANCE AT JUNE 30, 2010 $ 121,051
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