According to Pink Sheets: * Current Capital Change shs decreased by 1 for 200 split Pay Date: Jun 14, 2007 http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ftxn#getCompanyInfo So, they used to have ~ 15 bln shares just last Summer. Unless you have some indications that they are selling the shell, you can not exclude the usual pinky pattern: AS increase, dilution, next RS. IMO.