Eco-Trade Corp. (fka BOPT)

[rawman]

Great piece if someone is just interested in getting a complete picture of the Bakken. On the other hand not sure only 5800 acres without any specific info re: known reserves and no money to drill (recall the $5mm from Ambrosia is only an LOI) provides much comfort. Yesterday someone posted that the company has 400mm authorized shares and roughly 200mm outstanding (150mm to Lanin Group for drilling rights?), but this info is as of last November. If authorized shares were to be distributed, would BOPT have to file with the SEC? To me this big pile of authorized, but theoretically not outstanding shares, is the gorilla in the room!