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valdai

02/12/11 10:51 PM

#3530 RE: nodummy #3529

he's paid himself & his wife very nicely, though
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Slojab

02/12/11 10:51 PM

#3531 RE: nodummy #3529

The good thing nd is that at .003/.004 where the stock is currently trading, it actually won't wipe out the shareholders.

At this sp, a 1:500 R/S will still leave shareholders with blocks of 100 share lots. For a $1000 investment they'd have around 500 shares after the R/S.

Now, at .0001 and a R/S of 1:2500, yes, the current shareholders would get wiped out.
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rbtree

02/13/11 9:26 AM

#3537 RE: nodummy #3529

nice.....

OS: 4,886,468,478 as of Dec 31, 2009 (per 12/31/09 S-1 dilution of 318M in the last 50days )
OS: 4,568,253,327 as of Nov 09, 2009 (per 11/03/09 10Q - dilution of 1.95B in the lst 3 months)
OS: 2,611,087,327 Aug 10, 2009 (per 8/14/09 10Q - dilution of 1.03B in 3 months)
OS: 1,579,096,424 May 15, 2009 (per 10Q - dilution of 636M in 3 months)
OS: 942,884,111 Feb 12, 2009 (per proxy statement - dilution of 634M in 3 months) - Most of this has been sold through mm NITE & HDSN
OS: 309,474,243 Nov 10, 2008 (per 10Q - dilution of 85M in 4 months)
OS: 224,699,718 Jul 08, 2008 (per 8/04/08 proxy statement)
OS: 225,154,440 Apr 07, 2008 (per 10k, dilution of 30M in 4 months)
OS: 195,558,923 Dec 31, 2007 (dilution of 21M)
OS: 174,048,335 Nov 11, 2007 (dilution of 9M)
OS: 165,372,807 Sept 30, 2007 (dilution of 6M)
OS: 159,055,819 Aug 14, 2007 (dilution of 73M)
OS: 85,565,249 May 18, 2007 (dilution of 37M)
OS: 49,118,075 Apr 02, 2007 dilution of 8M)
OS: 41,091,845 Nov 10, 2006