oh mimurray... check the history. Outstanding shares have done nothing, but increase. The longs get burned. Until this is trading on a more respectable exchange expect more of the same.
they did it few months back no one knew about it until they filed the 10qsb (4 billion shares), you damn right JF can dilute without sayng anything until 10 q comes out he only has to file forms if he sells his own shares(common/preffered stock)