Sites like WSJ, IBD, TD and Yahoo are using numbers that were reported through the old sec filings. Pinksheets is reporting the o/s from the quarterly report posted on Sept 2, 2009.
Your logic about the daily volume does not make any sense. You cannot compare two companies simply because they traded roughly the same volume yesterday. If you want to make that type of comparison, look at SMWF. They have 10 b shares and only traded 11 million yesterday. So base on your logic since we are trading 80 times the daily volume maybe we have 80 times the o/s?
This hog has been trading 1B+ shares a day, if you believe less than 1B in A/S, I am not sure what to say. PS has it listed at 100B shares and that is what people need to go by.
Stockholders’ Equity (Deficiency) Common Stock, $.0001 par value at June 30, 2009 and $.001 par value at December 31, 2008, 100,000,000,000 shares authorized, 21,165,709,634 shares issued and 21,162,575,500 outstanding at June 30, 2009; 415,253,787 shares issued and 412,119,634 outstanding at December 31,2008 2,116 415 Additional paid-in capital 162,432 157,881 Accumulated deficit (208,480 ) (219,071 ) Unrealized gain on securities available for sale 1,470 4,700 Treasury stock at cost (3,134,134 shares) (226 ) (226 ) Total Stockholders’ Equity (Deficiency) (42,688 ) (56,301 )