A/S and O/S are 2 different things. Of course the SWRF o/s count got reduced and divided by 1,000, it was a r/s for god's sake. What they have authorized to print up was left untouched, with the exception of an increase in preferred shares
The Def14C filed on 8/12/2015 explains it elaborately
5 BILLION shares authorized
Show me where you see that they didn't reduce the AS/OS
There you go, OTC Markets just updated with SWRF s/s #'s
Authorized Shares 5,000,000,000 a/o Oct 16, 2015 Outstanding Shares 4,990,988 a/o Oct 16, 2015 -Restricted Not Available -Unrestricted Not Available Held at DTC Not Available Float 4,990,988 a/o Oct 16, 2015 http://www.otcmarkets.com/stock/SWRFD/profile
Show me where you see that they didn't reduce the AS/OS