InvestorsHub Logo

mikesharen

07/23/06 4:38 PM

#6813 RE: Major_Bankz #6812

That's not what their 14F1 states, did you read it?
The authorized is either 125,000,000 or 25,000,000,000 but it looks like 25 billion from the current outstanding, unless a reverse is coming.

jerzybondon

07/23/06 4:44 PM

#6816 RE: Major_Bankz #6812

"Prior to the Closing, the Registrant had 56,575,212 shares of Common Stock outstanding. Upon issuance of the Exchange shares following the Closing, the Registrant will have a total of 5,245,535,839 shares of common stock issued and outstanding".