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Re: jckrdu post# 30495

Monday, 03/21/2011 1:57:33 PM

Monday, March 21, 2011 1:57:33 PM

Post# of 92948
jckrdu,

(definition)
Fully Diluted Outstanding Shares
The number of shares representing total company ownership, including common shares and current conversion or exercised value of the preferred shares, options, warrants, and other convertible securities.


I was hoping to hear the "fully diluted" statement myself before responding but haven't been able to get CC. Anyway, I don't for a second believe the fully diluted count is the same as OS#. That would mean that ALL options and warrants were exercised since year end(bolded number below) it would also mean no shares are left in the Stock PLAN and nothing is in reserve for Socius financing...Wouldn't it seem strange to you that not even the insiders exercised stock options and very few warrants were exercised when the pps had peaked in December but now we are to believe they were all exercised in past 2 months or so?

____________________________________________________________________

Current OS# 1.507 Billion as of March 11, we know 27.5MM shares were added in Feb. so subtract those out...Do the numbers work for any of you?

(all info below from 10K)
This was the # of OS we had on Dec 31, 2010.. 1,439,826,362

As of December 31, 2010, on an aggregated basis our debt and preferred stock financings may result in being converted into 6,400,425 shares of our common stock, and warrants and options that may be converted into approximately 183,307,361 shares of our common stock.

During the year ended December 31, 2010, the Company received $719,636 upon exercise of warrants into 6,663,300 shares of common stock.

There were no exercises of stock options for the named executive officers in the year ended December 31, 2010.

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