And all of those unregistered shares should be restricted shares (shortened from a year to 6 months, I believe > Rule 506 Reg D), in my studied opinion. Did they hit the float?
From May 5, 2001 to May 18, 2011 we issued a total of 10,178,626 shares of common stock valued at $273,423 for payments on an outstanding promissory note of $119,250. ???