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Re: onemaninnj post# 36877

Thursday, 03/08/2012 6:30:30 PM

Thursday, March 08, 2012 6:30:30 PM

Post# of 132363
The company currently has over 30 Million common shares outstanding.

They recently did a 1 for 250 share reverse split..

So if we now take 250 times 30 million shares outstanding that is 7.5 billion pre split shares..

They did the 1 for 250 reverse split first -- then they diluted the post split common stock by about ten times.. either way it amounts to the same result---

This is on top of the 1 for 1,000 share reverse split this company did several years ago when it was WRNW -- before they did the LHPT name change.