Wolfie, there is no guessing as to how many shares are outstanding.
From the 8K:
"As of June 10th 2013, we had approximately 4,508,746,417 shares of common stock issued and outstanding"
The remainder of the 5 billion shares were in the employee benefit plan which can be used to provide compensation for services rendered. It cannot be used for lender note conversion. This fund was used to compensate the lawyers for the class action lawsuit.