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davied25

01/03/12 10:28 AM

#48497 RE: sctts #48495

Thanks for keeping me up to speed, sctts. I'm not trying to make something out of nothing here, but I still don't understand the logic.

"As of November 18, 2011, the Issuer had 107,127,408 shares of its Common Stock outstanding...300,000,000 shares authorized, 107,127,408 and 99,722,743 issued and outstanding at September 30, 2011, and at March 31, 2011, respectively."

Because of the word "respectively," I take this to mean that on 3/31/11, the OS was 99,722,743. Then on 9/30/11, it was 107,127,408 TOTAL, not 107k in addition to the 99k. Am I missing something here?