traderalph, you are mixing up two different initiatives. They will list on AIM, presumably by years end. They do not intend on a capital raise until mid 2011 as Bovell said in New York on Sept 15th.
The current outstanding shares will be used for the initial AIM listing, although I agree fully that when they execute a capital raise, it will be on the AIM and not on the self destructing snake pit we call the OTCBB.