Replies to post #1280 on Advanced Engine Technologies, Inc. (AENG)

[Penny Machine]

Nice DD, OTCmarkets.com is showing 33.7M O.S. for 2002, so if they did a 1-20 split in 2009, that looks like it would be about right.

Shares Outstanding 33,705,000 a/o Oct 16, 2002

http://www.otcmarkets.com/stock/AENG/profile

[nodummy]

They announced the intention to do a reverse split, but no reverse split was ever done. They never filed for a reverse split with the Colorado SOS and FINRA never approved any reverse split, but your link does give a little bit more current outstanding share count:

33,885,000 shares as of Nov. 11, 2009

[Penny Machine]

More than likely O.S. is 33,885,000 & Authorized is 50 Million which is Very low for these prices imo

I Always look at Authorized because the Float & Outstanding can't be bigger than the authorized share structure and seems like most pennies always end up maxing out there S.S's as fast as possible

That being said, this is one of the lowest S.S. stocks I know of at these prices that is active with their Secretary of State