i was worried about dilution as well, so I emailed the transfer agent for an update on the O/S today. So Friday's price action was just those who got in at a sub penny pps taking profits as stervc stated.
here is the reply:
XXXXXXXXXX
The current outstanding for today is 561,542,968 shares. Please contact the
state of incorporation for the authorized.
George J
-----Original Message-----
From: XXXXXXXXXXXXXX [mailto:XXXXXXXXXXXXX]
Sent: Monday, November 09, 2009 9:54 AM
To: help@stctransfer.com
Subject: MedClean Technologies - MCLN - Share Structure
Hi,
Can you provide the A/S shares and the O/S shares for ticker symbol
MCLN. It's for MedClean Technologies and Securities Transfer Corporation
is listed as the transfer agent.
Thank you,
XXXXXXXXXXXXXXXX
MCLN Shareholder