Replies to post #6870 on Atlantis Technology Group (ATNPQ)

[corner]

there is a difference between the authorized and issued a/s and O/s not the same

[QaB2i]

IMO _ the new 6billion AUTH has been designed to move the POST SPLIT I/O into. In other words the I/O will expand at a rate of 11;1. The result will be a number of common less than 6 billion.

IE _

6,000,000,000 A/S (up from 500,000,000?)

(ignore the funky ATNO preferred shares for now,because they work inversly to a forward split)

I/O Pre split 100,000,000/Post split 1,100,000,000

I believe it will work along those lines

[flemsnopes]

The authorized number of shares prior to 8/20/09 was 500 MILLION and that number was increased to 6 BILLION, enough to accommodate the upcoming split. I don't think there is any indication they plan to increase the AS to 66 BILLION.

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