squ1dk1d',
your following statement is incorrect
But as for shares, they have about half of their authorized shares to go through before needing more
recent preferred sales to Caterham, Ingram and Siegel represent another 38% of OS...these newly issued shares must be taken out of authorized and kept on hand by GTEL
So....approx. 776MM OS per last filing, add another 298MM for the above and none of this includes the class A preferred sold earlier in the year by Fordham Financial to raise 2.5MM...
776MM
298MM
_______
Total...1.074B accounted for out of 1.5B authorized...