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Chili Palmer

05/30/07 3:11 PM

#18096 RE: Bmo #18095

No it is believed that previous management had authorized 4 Billion shares and now new management is reducing it to 500M and that is not a reverse split
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Sprycel

05/30/07 3:12 PM

#18097 RE: Bmo #18095

Reverse split has already happened, now it means a forward split so there is enough shares in the market for the company to operate properly!
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mAjOr dAmAgE

05/30/07 3:50 PM

#18106 RE: Bmo #18095

Authorized means they can print up to 500MM shares. So they only have 497MM shares to print.