eMax Holdings, Inc. (fka EMXC)

[pumper_stumper]

Can you tell me what the "substance" was for the billions in increases in authorized shares over the past 9 years? This was $3 stock, split adjusted, in 2003, with 100 million authorized shares. Please list for us the "substance" for each year's increase below.

Outstanding Shares
12/31/2000 15,157,733
12/31/2001 36,219,733
12/31/2002 45,664,733
12/31/2003 65,734,733
3/31/2004 98,984,733 (3 months)
3/31/2004 14:1 reverse split 3/2004 98,984,733 old = 7,070,338 post split shares
6/30/2004 7,070,338
12/31/2004 15,738,497
12/31/2005 27,848,497
12/31/2006 137,693,722
12/31/2007 387,787,105
12/31/2008 1,378,065,364
12/31/2009 1,378,065,364
12/31/2010 2,291,972,864
Current....3,279,025,918