There are 2 remedies. First, authorize more shares. That will not work in this case because there are already more than 700 million floating around. So here is the second remedy.
The company announces a reverse split, say maybe 1,000 to one. That would bring the shares down to 700+K. Once the reverse split has actually been effectuated, they announce they are consulting with a bankruptcy attorney and a BK filing looks necessary. The price of the stock will again fall to .0003 or something similar. Then they buy 90-95% of the shares back. Once they have the shares in their possession, the change the company's name and start issuing PR, selling shares, authorizing more shares and doing more joint venture agreements with new phantom corporations.
