PGI Energy, Inc. (PGIE)

[kingpindg]

If this info is correct, then...

authorized and outstanding will both double as well. 4B outstanding?!? They sure better hit on one of those oil sales contracts, because I don't see any way their other JV's can support this by end of Q3.

Perhaps it is obvious, but when a company splits its shares, the number of authorized shares and the float are both affected by the split. For example, if a large company had 100 million shares authorized and implemented a 2 for 1 split, then after the split the company has 200 million shares authorized. Their float also doubles.

http://invest-faq.com/articles/stock-outstanding.html