InvestorsHub Logo
Followers 18
Posts 810
Boards Moderated 1
Alias Born 10/29/2010

Re: iPickle post# 1384

Wednesday, 09/28/2011 3:19:56 PM

Wednesday, September 28, 2011 3:19:56 PM

Post# of 11178
If you look somewhere ... i.e., back through recent posts (don't have the time to find it for you) I'm pretty sure there was some sort of deal/partnership that was in the process of being entered into, and in the workings of that process, shares were added to the O/S to issue to the second party for services rendered. When that deal was terminated prior to any services being rendered, that certificate went back into the treasury, effectively reducing the O/S. (Double check all this)

That's off the top of my head, so don't quote me if I'm off on some facts. It's in the last PR I'm pretty sure.

Bottom line, the lower O/S is the correct and updated O/S.