Sunday, June 03, 2012 6:54:36 PM
As of the last 10-Q the company had 100,000,000 shares authorized and 1,088,543 shares outstanding. Post split, the math works out just like it should.
Now look at that 8-k again. "...the Company has agreed to issue a total of 100,000,000 shares in settlement of this debt, at a price of $0.001 per share." So they are now holding all of the authorized shares?
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