They have already secured the financing- read the past PR. If JV comes into play as stated in the PR- SS may change, which will be awesome for us.
For now- they have $5m in place and they are ready to go. As of last Friday no change in SS and I don't expect any changes either.
KATX: Share Structure(No Change) - 02/26/2010
Authorized Shares = 730,000,000 (***Cancelled 2.3 billion Shares on 01/19/10 ***)
Outstanding Shares (OS) = 463,211,664
Restricted Shares = 143,000,000
Float = 320,211,664