Green Automotive Co Corp (fka GACR)

[JJAAMMAANN]

Taken straight from the latest 10K.....

Preferred stock, Class A Convertible Preferred Stock 100,000,000 shares authorized at December 31, 2013 and December 31, 2012, $.001 par value, 924,366 and 895,801 shares issued and outstanding at December 31, 2013 and December 31, 2012, respectively.

Common stock, 900,000,000 shares authorized, $.001 par value, 405,043,436 and 324,551,468 shares issued and outstanding at December 31, 2013 and December 31, 2012, respectively

Seeing how they mention in many places in the 10K that financing is questionable, I suspect that many more shares will be issued to pay off debt in the coming weeks/months before the share faucet is turned off, and real profits can be realized.....maybe even a reverse split after that.

In My Own Opinion Of Course!
GLTA