Replies to post #22398 on Dutch Gold Resources Inc. (fka DGRI)

[LonJandis]

Actually, we do know, as it is clearly spelled out in the PR:

Shareholders have expressed interest regarding the number of shares that are outstanding in the Company. As of December 1, 2010, there were 298,306,737 shares outstanding. In the two months following our last report on September 30, 2010, the Company issued shares for consultants and managers, and the liquidation over eight hundred thousand dollars ($800,000) of debt. During that same period, the number of shares available in the "float" grew to approximately 150M shares as legacy shareholders and others recognized the significant increase in liquidity during the month of November, many of whom had held restricted stock for over three years. At the time of authorship of this communications, there is a possibility for additional debt conversion although amounts available for conversion are greatly diminished, likely reducing dilution in the near term.