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Re: underwater post# 24215

Tuesday, 10/19/2010 10:21:12 AM

Tuesday, October 19, 2010 10:21:12 AM

Post# of 41960
Underwater

To answer your question.

<<What is the stock count now and right after the split>>

The stock split took us from 500 million back to 100 million. The authorized remained at 500 million though, which many of us feared would lead us back to that amount of outstanding.

Now we are at about 1,400 million (or 1.4 billion). About 14 TIMES the amount from the day of the split.

I'd still like to know how and when we went from that 500 Million authorized on the day of the reverse to 2 billion authorized in the latest filings. Randy, you read this board. Can you answer when that happened, and what happened to the stockholders vote on that topic? I'm sure it would pass easily, with friendly shares voting yes, but still, isn't that vote still required even if it is a rubber stamp?

Please let me know. Thanks. You can PM me if you'd rather to give me that answer.

Oh, and I asked Wilf that same question but never got a response. frown I thought it was a good question from a shareholder, and worthy of a reply.