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Re: Killtoy post# 26981

Monday, 12/27/2010 1:39:31 PM

Monday, December 27, 2010 1:39:31 PM

Post# of 92948
Not to butt in, but this section from the Prospectus should help:

Common Stock to be outstanding after the offering

1,305,261,992 assuming the full exercise of the warrants the underlying shares of which are included in this prospectus.

http://www.sec.gov/Archives/edgar/data/1140098/000101376210003154/form424b3.htm

This does not (I believe) include the 68MM shares from the 8K.

As far as how many warrants have been excercised, there is no way of knowing that unless ACT makes an announcement, or when the 10K comes out in March. I imagine some portion were excercised when we were around .25 cents or so? But that is pure speculation.

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