There was an adjustment of 2011 Annual Report Cashless exercise of outstanding warrants for Convertible debt on January 20, 2010 (154,744,444) vs. 2012 Q1 Cashless exercise of outstanding warrants for Convertible debt on January 20, 2010 (137,455,554). Probably from information obtained from Yuan.
If you add that difference to the 2012 Q1 Shares issued for cash at $0.0004 per share on January 25, 2012 (25,000,000) you get 42MM shares.
If I said the 25MM sahres were reflected in the 2011 Annual Report in a later post, it was a mis-type. Either way it does not change the analysis. What this has to do with anything of substance and why you keep bringing it up is beyond me.
I am not a financial advisor and any of my opinions or comments should not be construed as investment advice.