Buyers Group International Corp (BYRG)

[Slojab]

More on the O/S bs.

From OTCMarkets....

Share Structure
Market Value $33,986,513 a/o Apr 21, 2011
Shares Outstanding 28,322,094,450 a/o Mar 30, 2011
Float 3,321,023,033 a/o Mar 24, 2011
Authorized Shares 50,000,000,000 a/o Mar 24, 2011

And I have to believe it. I got a response from an OTCMarkets rep who stated the O/S was given to them by the company over a secured login. Note the date for the O/S was Mar 30. This was after the atty's letter of Mar 24. The same day the company notified them they increased the A/S from 400M to 50B in conjunction with the name change and reincorporation to Wyoming.

The next float figure, if one ever comes out, will show all the dilution that's been going on since the R/S.

How does a company have the nerve to do a 1:200 R/S AND a massive A/S increase as this? Then, just flood the market with all these shares, dropping the stock to trip zeroes in record time?

If I were a shareholder in this pos, I'd be extremely miffed.