Running, Thanks for doing the leg work. I sent emails to both the company and their investor relations firm trying to get to the bottom of this issue and have yet to receive a response.
How can the CEO not know the share count?
He should at least be able to deny the 500 million outstanding rumor.
Did you ask him about the converts and if he thought they were close to being completed?
500 million outstanding is absurd. Their total debt from the converts was less than $2 million. 484 million additional shares, even at .02 would be around $10 million, which makes no sense.