2) O/S Reduced to 674 million from 1.1 billion Since the end of the most recent fiscal year in September 2010, WatchIt has reduced the outstanding common shares from approximately 1.1 billion to approximately 674 million at the end of the most recent quarter. http://finance.yahoo.com/news/WatchIt-Quarterly-Results-bw-2988716739.html?x=0&.v=1