Who has the rights to those 4.8 billion shares
WHAT 4.8B shares?
Equity line of credit agreement was TERMINATED in 2004.
As of January 31, 2006, we had 23,456,699 shares of common stock issued and outstanding. Of the total outstanding shares, 11,971,576 may be sold, transferred or otherwise traded in the public market without restriction, unless held by an affiliate or controlling shareholder. A total of 11,485,123 shares are considered restricted securities.
As of Apr 30, 2007:
31,815,353 issued and outstanding
Preferred: None