There ya have it, I think we will see a reduction in the issued and outstanding very soon. Company has already stated it has bought back over 110 million of the issued and outstanding shares and will continue to do so in this PR.
According to PA the A/S will be increased but not used and only the preferred will be used as needed for acquisitions. He explains why and I for one believe him. If you don't it's time to sell and good luck, Dan
Mr. Alonzo commented further, "We have made the decision to make the full capitalization structure of Phoenix public very soon so as to set shareholders concerns to rest."