Bitcoin Generation Inc. (BTGN)

[apprenante]

You're right. I thought that you would be able to infer more than you could. I'll try to explain.

The only reason that INOL could make available 53.5 Million shares of outstanding common shares each month was by increasing the number of authorized shares. This is what I said June 8, shortly before Gary diluted the stock -- WITHOUT EVEN TELLING the stockholders until after he had put it in place:
A/S HAS TRIPLED!
According to today's SEC filing, May 20, 2011 Common Voting Stock: 628,873,815 shares.

At the end of May the four contracts + Buzzbahn will cost at least 55.5 Million shares and at the end of June another 55.5 Million. So by the end of this month, look for a total number of O/S to be about 739,873,815 shares.

By the time Gary gives away other shares for "corporate expenses," I imagine that, at the latest, some time in August, investors should expect to see another dilution (to 2 or 3 BILLION shares).

The number of preferred shares has QUINTUPLED! from 10,000,000 to 50,000,000

NO REVENUE
"Due to our continued lack of funds, our operations are very limited. As a result, we realized no revenue during the nine months ended December 31, 2010."

IF THERE IS NO REVENUE, HOW CAN THERE POSSIBLY BE ANY PROFITS?!?!?

Instead of the 53.5 million shares that I had predicted in one month, INOL went through 64,311,101 shares IN LESS THAN ONE MONTH! If INOL had not diluted the stock from 900 million to more than 5 billion shares, Gary would have been promising more shares than he could pay.

I can see that I should work harder to clarify what I say so that you don't get confused.

Apprenante