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Saturday, August 10, 2013 6:23:50 PM
Share counts are supposed to be as close to current as possible. They're the only numbers that aren't as of the last day of the quarter.
If memory serves me - and I'm too lazy to do the legwork right now - this company routinely lists the share count as of the end of the quarter being reported. Remember when BW exceeded the A/S without amending it at the WY SOS? The share count was reported through June of that year and was greater than the WY SOS count on that date. The amendment to increase the number of shares wasn't filed until July 8th.
I fully expect they would take advantage of the lapse in time between the end of the Q and the 45 day requirement. Company defenders frequently try to point at the month and half old numbers listed in the filings and try to suggest that's what it is on the day the report comes out - even when the date is clearly 45 days earlier.
So bring back UNLIMITED shares!!
Maybe he'll pull back the latest version of what he wants people to believe he's going to do with the share exchange for Bebevco, Inc. and he'll go back to an equal percentage swap. That way, he can sell billions more shares with his sparkly new unlimited share "cap" and reduce the percentage his lucky shareholders own, so he will have to exchange even less of his new company for BBDA shares. Provided he does it at all.
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