Saturday, February 12, 2011 5:34:45 PM
2010 YTD Q3 total common shares issued netted: $689,200.
2010 YTD Q4 total common shares issued netted: $955,000.
Thus in Q4, The amount of common shares issued yielded $265,800 for the company. The avg share price over Q4 was .000591, which would mean an estimate of ~450 Million shares were sold by the company over that 3 month period. But hey, good idea to deny any dilution until the #s finally come out, and then when they do, just pretend it doesn't matter.
Also $181,500 worth of notes payable were converted to common stock to pay off lenders in Q4. That means approximate ~307 Million shares were given to a Third Party to do with whatever they please.
However, info like this on the report:
"E. Sources and availability of manufacture of hard assets and the names of principal suppliers;
These are closely held company secrets and have great value "
Oh man THAT is the important info in the financials to focus on and get excited about!
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