You have the numbers wrong, you are trying to say 100 million and that is false information, do the DD, the CEO has already replied to that. It's in the financials and they were dated Sept 30. They were shares in certificate form. Matt is open and honest about everything.
Matt has bought back over 200 million shares so far (1.6 -.2 = 1.4 billion A/S). No dilution
Did you listen to the conference call? The company is wiping out its liabilities for the Q4 financials will be as strong as possible for the audited financials so that the company is not listed as a "going concern" by its accounting firm. That way they can file the S-1 and uplist to OTCQB in FY2012 Q1 as projected. Not to mention, the Q4 profit and loss statement is going to cause many jaws to drop IMO!