jckrdu,
I'm a simple guy so let's simplify this.
Both items below are directly from the recent 10K. If we have no shares outstanding that can be dilutive, then they were exercised. Add all 3 bolded numbers together..Does it come to 1.507? I don't think so.
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.
As to the Socius deal. Another simple perspective. Can a Company tout a stock purchase agreement for $25MM without having the shares to back it up? We have received gross $4MM and those shares do not get delivered until AFTER the S-1 is declared effective..
