LOL Golddigger...please sell. Going on and on about it doesn't change the timing. It is what it is...unless you are Bill Clinton!
Seriously, the company has stated in a PR no structural change at this time. Also, they showed good faith reducing the A/S from 4 Bil to 1 Bil. They did file an amendment with NV for this reduction.
The company already put out a statement that they were meeting on tuesday & proceeding with the r/m...now we wait. As for your dilution concerns:
EDS : Once the name is changed, will there be any change in share structure? and if so please explain.
ONMC: We foresee no need to change the share structure anytime in the near future. We believe strongly that due to the strength of our Business Plan, Contracts and Revenue model, that the market will easily absorb our current share structure into the market.