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Wednesday, October 27, 2010 10:38:09 AM
The Company issued 1,610,000,000 common shares ranging from $.0045 to $.0003
Note that this appears to NOT include the 1/2 billion plus shares issued since period ending 9/30/2010 initial discosure statement.
Since restrictions on holding shares (time period) have been dramatically reduced, one can bet that those 1.610 billion shares can be sold or soon can be sold. Dilution will be added to the float once those shares are sold into the open market and are likely to drive the share price to No Bid soon.
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