Replies to post #2487 on International Aerospace Enterprises, Inc.(fka IARO

[Thirsty Tiger]

This much we know

As of September 30, 2006, the Company had 97,859,019 shares of common stock issued and outstanding.

And here’s what was issued after that date

Common stock issued on 
 October 12, 2006 for services 
 rendered at $0.044 per share      --        355,606     
  
 Commons stock issued on 
 October 13, 2006 as payment 
 towards convertible securities    --        959,181   
  
 Common stock issued on 
 October 16, 2006 for services 
 rendered at $0.047 per share      --        400,000  
  
 Common stock issued on 
 October 26, 2006 to officers 
 for compensation at $0.042 
 per share                         --      6,000,000   
  
 Common stock issued on 
 November 3, 2006 for services 
 rendered at $0.045 per share      --        125,000 
  
 Common stock issued on 
 December 13, 2006 for 
 services rendered at $0.041 
 per share          --             --      3,092,683 
  
  
 Total	     			         10,932,470

So that by the end of 2006:


Common stock, par value $0.001 per share; 200,000,000 shares authorized, 108,791,489 shares issued and outstanding as of December 31, 2006 respectively.


The company has also disclosed in their 10-K that the dilution continued unabated into 2007.

As of March 5, 2007, the Company had 121,270,079 shares of common stock issued and outstanding.

What these additional 13 million shares was used for during the previous quarter we will find out shortly in the delayed 10-Q.

…………and as always “the management believes that these actions will increase the share holders value”…………….