Replies to post #41504 on Prom Resources Inc (PRMO)

[DC168]

Quote" Share count seems a bit bloated from my perspective."

Authorized Common Share as of November 4, 2010 is 20.5B
Outstanding Common Share as of September 30, 2010 is 8.4B

Authorized preferred share is 10,000,000
Outstanding preferred share as of September 30, 2010 is 350,000

There is rumor that the outstanding common share has been increased from 8.4B to 10.3B. Hopefully, the next quarterly report will clarify this issue.