The deal for the shares for canceled debt was dated November 1, 2010. The 10Q states:
As of November 2, 2010, there were 23,308,191 shares of common stock, $.0001 par value per share, outstanding.
Therefore the TOTAL shares after the deal was 23,308,191. It only makes sense that this includes the shares given to Terry and Gary. Also explains why the company wanted the share price at these levels - they have been buying shares in order to make the deal.
Do not surrender your shares, do not be persuaded that the company is in a nosedive, do not sell for a loss. HTLJ will be up in 2011 - BIG.
