Replies to post #6972 on Finjan Holdings Inc (FNJN)

[Det_Robert_Thorne]

No, it's 500M Authorized Shares

They diluted until they hit that limit, then implemented the 1:500 reverse to take the OS back to 1M, and continued the dilution process.

Of course, Iroquois' conversion price is about $0.0071, which means that if they converted more and are selling today, they're making a pretty good ROI.