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Re: Mudcat18 post# 98675

Wednesday, 03/12/2014 10:34:04 AM

Wednesday, March 12, 2014 10:34:04 AM

Post# of 194818
Mudcat18, Please reference the first quarter report filed on Febuary 20, 2014. As you will see, there are 1.1 billion of restricted shares to hit the float over the next year, not 2.5 billion. By no means is 1.1 billion a good thing, but it is not as bad as 2.5 billion and i believe that once the licence is obtained, the 1.1 billion will be quickly absorbed.

Shares Authorized Common Stock: 3,500,000,000
Shares Outstanding: 3,417,417,549
Float: 2,295,374,724 shares.
Preferred Shares 1,000,000 total 500,000 do not need to be converted for 5000:1 voting rights Number of shareholders of record: 187

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=116479

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